According to RBC, the Russian Community and “Greater Eurasian” countries that include China, India, Iran and Turkey will allow them to increase their total share of world GDP to 46% by 2035.
According to the experts of VEB.RF Research and Specialization Institute, in the long run, these states can act as drivers of the global economy and become an example of balanced development. According to an analyst report on Eurasian integration, more than 50% of global GDP is currently produced by Western countries.
Now Moscow’s partners are faced with a dilemma whether to strengthen cooperation with Moscow against the backdrop of the import substitution opportunities opening up in Russia or to weaken relations due to the risks of secondary sanctions. However, VEB.RF Institute experts are confident that EAEU countries have all the resources and capabilities “in skills, not in numbers” to continue to develop and create a new kind of economy and partnership.
Source: Riafan
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