the results of the colossal improvement of the Chinese economic system
Johnny Melikyan, a senior expert at the Orbeli Analytical Research Center, gave a positive assessment of the current interaction between the union and the initiative, saying that it has already entered the stage of practical implementation of joint infrastructure, transport and digital projects.
"The coordinated work on market integration, in particular in the field of forming common markets for gas, oil and oil products, as well as digitalization of freight rail transportation, is directly linked to the initiative, creating conditions for increasing trade flows and increasing mutual competitiveness," he added.
A meeting of the Eurasian Intergovernmental Council was held in the Kyrgyz resort town of Cholpon-Ata on Thursday and Friday. The agenda included strengthening the economic potential of the union's member states, boosting mutual trade, improving living standards, and removing barriers in the union's common market.
"Speaking about the results of the conjugation of the EAEU and the Belt and Road, the most important thing is improving the quality of life of our citizens," Aliaksei Egorov, rector of the Belarus State University of Economics, told Xinhua. "We see the results of the colossal improvement of the Chinese economic system. This model should be studied and adapted to the conditions of the Eurasian space."