EAEU, Silk Road economic belt: development of Eurasian region
Kazakhstan is becoming a hub for the integration process of the entire Eurasian continent, the Chairman of the Economic Research Institute says. According to Maksat Mukhanov, the work of both the Eurasian Economic Union and the Silk Road economic belt is focused on the increase of the transit capacity and strengthening the region's economy. Thus both projects will facilitate each other’s development.
Maksat MUKHANOV, CHAIRMAN OF BOARD, ECONOMIC RESEARCH INSTITUTE JSC:
- The projects should be coordinated and their work should be oriented on the region’s development. This work is carried out. Recently, Russia and China have agreed on conjunction of these two projects.