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Belt and Road Initiative
ChinaDiplomacy

Putin is more ‘with’ than ‘in’ China’s belt and road plan, analysts say

  • Russian leader has emphasised that Beijing’s initiative ‘corresponds to’ Moscow’s own integration project, the Greater Eurasian Partnership
  • Chinese plan ‘advances this goal at a scale that Russia is incapable of, owing to China’s much greater excess capital’, according to observer

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Cyril Ip
When Russian President Vladimir Putin took centre stage at a summit marking 10 years of China’s Belt and Road Initiative, he pointed to its alignment with Moscow’s own regional integration project, the Greater Eurasian Partnership.

According to analysts, Moscow is more “with” than “in” Beijing’s global trade and infrastructure scheme, as it looks to develop its own version that overlaps with China’s vision but is not dependent on Chinese involvement.

Addressing world leaders at the belt and road forum in Beijing last month, Putin said the Chinese initiative “corresponds to the Russian ideas of creating an integration contour that will ensure the freedom of trade, investment and employment and will be complemented with interconnected infrastructure”.
Russian President Vladimir Putin takes centre stage at the summit in October. Photo: dpa
Russian President Vladimir Putin takes centre stage at the summit in October. Photo: dpa

He said Moscow was working with foreign partners to build railway routes from Central Siberia south towards China, Mongolia, and Indian and Pacific ocean ports.

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“[The belt and road] also rhymes with our idea of creating a Greater Eurasian Partnership as an area of cooperation and interaction among like-minded nations and the alignment of various integration processes,” Putin said.

He pointed to regional blocs that have continued to welcome Russian participation since its invasion of Ukraine in 2022 – the belt and road plan, into which China has poured an estimated US$1 trillion, the Shanghai Cooperation Organisation (SCO), Association of Southeast Asian Nations (Asean) and the Eurasian Economic Union (EAEU).
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“Putin considers [the belt and road programme] to be complementary to Russia’s Greater Eurasian Partnership, which refers to his vision of peacefully integrating the supercontinent through the expansion of bilateral trade and non-Western institutions like the SCO,” said Moscow-based international relations expert Andrew Korybko.

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