Huang Jing: Russia Plays a Key Role in the Eurasia Project

27.12.2016

According to Huang Jing, Lee Foundation Professor on U.S-China Relations, Director, Centre on Asia and Globalization, Lee Kuan Yew School of Public Policy, National University of Singapore, today we are moving from unipolar to multipolar world. But this process is accompanied by a lot of uncertainties, even some chaotic situation is possible. In any case we are moving forward, not backwards.

Eurasia project has two meanings: political and economic. Only two countries in history achived the Eurasian status, first was the Mongol Empire, and now Russia as successor of the Soviet Union has the Eurasian entity. From the political point of view Eurasia is Russia. It is a bridge which connects two continents. But in the economic sense Eurasia is underdeveloped. The European side is developed, but the Asian part is underdeveloped. The Europeans and Asians should work for the common cause: prosperity and democracy.

Economically Russia expanded into the Eurasian community. Russia will play a key role in formation of the European and Asian common market. Formation of Broader Eurasia is Russia's mission. But it is a huge challenge.

Unfortunately, the development of the Russian Far East is unsatisfactory. For almost 8 years Russia follows the Go East strategy, but the development did not reach the satisfactory level. In any case this area has huge potential and is fully exposed to the international community. The door is open. The question is how to promote the international development of the Russian Far East. Russia can not develop the Far East alone. The integration of the Russian economy into the Asia-Pacific region is needed. Russian legal system also needs to be reformed to make it compatible with the international community.