10 February 2018

The Washington Post: Putin’s Silk Road gamble

Another blow was the loss of Ukraine as a potential participant in Russian-led integration arrangements. Without Ukraine, the second-largest post-Soviet economy and a market of about 44 million people, Moscow’s hopes to create an integrated bloc that would be on par with the European Union and other centers of global economic power were essentially dashed. Lacking a market of sufficient size to create its own viable geo-economic area, Russia was left with the only option of moving into another nation’s economic orbit. [...]

Still, while praising the Belt and Road plan, Moscow is keen to prevent Beijing’s geopolitical domination of continental Eurasia. Instead of wholeheartedly subscribing to China’s scheme, the Kremlin promotes its own vision of “a larger Eurasian partnership” or “Greater Eurasia,” a network of existing and emerging “integration formats.” Beijing’s Belt and Road would be just one element, alongside the Eurasian Economic Union, the Shanghai Cooperation Organization, the Association of Southeast Asian Nations and potentially even the European Union. [...]

Russia aspires to be the main security and diplomatic broker in Eurasia while leaving China with the role of the economic leader. As one observer put it, “China would be the bank, and Russia would be the big gun.” Such an arrangement might harken back to the history of the European Community, when France acted as the political leader while West Germany was the economic engine. Moscow’s preference for a new Eurasian order is reflected in its diplomatic activism, such as its leading role in securing the admission of India and Pakistan into the Shanghai Cooperation Organization and in advocacy for the future membership of Iran.

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