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The Russian Federation and the “Greater Eurasian” countries will be able to increase their share in world GDP through cooperation.

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I am Annabelle Sampson and I work for The News Dept as an author for their news department. My main focus is on economy news, but I also cover other topics such as business, finance, and current affairs. My writing has been featured in prominent publications such as The Wall Street Journal, Forbes Magazine, and the Financial Times. I have a passion for learning more about economic trends and understanding how they affect businesses of all sizes. To stay up to date with the latest developments in the field of economics, I make sure to keep track of reliable sources like Bloomberg News or Reuters. In addition to my writing work, I often provide consultation services related to economic matters for clients both large and small.

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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