Economic geography is considered to be a historical limitation and even ‘geographical burden’ EAEU countries to bear. However, this brings a few potential advantages for the Eurasian integration.
Severe climate, vastness, and continental isolation result in enormous transport costs, which, in turn, make it difficult for EAEU countries to withstand competition on foreign markets. On the contrary, such a burden might be a kind of impetus for the EAEU countries towards long-term cooperation and further integration. It is the cooperation and large-scale investments in infrastructure that can help to overcome challenges related to continental factor. Moreover, it is a common interest all the EAEU countries share.
In this regard, the success stories from other both western and eastern landlocked countries may be applicable for Eurasian integration, but in the most appropriate way that corresponds to unique features of the region.
What could be a remedy to the problem? Find all the answers in the new report written by Yaroslav Lissovolik and Vyacheslav Sutyrin.