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The Eurasian Development Bank has presented the new study, which formulates the idea of a Eurasian transport framework and assesses the potential of the International North—South Transport Corridor (INSTC) against the backdrop of new opportunities.
China, being the world’s leading economy, is already today Russia’s largest trading partner. Complementarity of the countries’ economies, the common border, large-scale transport projects, cooperation in key sectors, participation in BRICS and SCO — these and other factors serve as major drivers for all existing and new bilateral initiatives. The potential of these relationships is to a large extent determined by their content and current trends.