Index – abroad – a sudden state that opens an economic corridor between Russia and China

Historically China -Mongolia -Russia is an economic corridor Concept a 2010 It was formed (the second half of 2020), China were planned Region – method He was created as part of his initiative (Belt and Road Initiative, BRI) and Moscow moved to Asia. At the same time, the project today is a triple endeavor to enhance regional economic integration, increase the efficiency of Russia and China, and to allow more western east – to be Russian logistics.

It contains a priority in the commercial corridors treated in Moscow, Beijing and Olabur, both of which are transactions in national currencies, and important infrastructure investments. In addition to Russia and China with the project to build a trade network and logistical services It strives to take advantage of the geographical position of Mongolia and its importanceWhich can reduce addiction to traditional financial systems.

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Another theoretical goal of the economic corridor in China-Mangoulia Russia is to create a great operational integration between the three countries, which facilitates joint initiatives in the field of transportation, resource trade and financial relations. At the same time, the initiative emphasizes the dual goal of Moscow and Beijing to achieve economic independence from Western markets.

In the second half of 2024, the commitment to create a road between the three states became more intense. Especially Lofanamsrin Onon-Erdin Mongoli, Prime Minister and Chinese Prime Minister Lee Qiang November 2024 His meeting confirmed Beijing and Olpur's commitment to the economic corridor of China -Mangoulia -Russia (Moscow has already argued on the road). From the Chinese and the Mongols Islamabad He followed his success.

In addition, part of the economic corridor is the displacement of the broader Russia from west to east, or specifically, which is strengthened by Moscow and the growing partnership of China. As a result, the bilateral trade in Moscow and Beijing are already present In 2023 It reached 240.1 billion dollars, an increase of 26.3 percent compared to the previous year. The long -term growth is expected to be expected between the two countries, while China is constantly increasing the direct investment in Russia, which today exceeds $ 11.5 billion, which affects more projects, about $ 200 billion.

Meanwhile, Moscow is trying to maintain the directions similar to that of Kane against UNANBOR. Russia has been constantly trying to increase investments in Mongolia since 2022 – By 2024 2.5 billion The value of this was estimated in dollars – in the sectors of trade and mining, which the Russian political decision considers an integral part of preserving the Russian economic resistance to Western sanctions.

Contrary to economic inclusion, China is the key to mediation placing in Mongolia in diversifying its relationship and impurity, that is, to expand the road initiative. but For Chinese companies In special sectors, such as carbon, copper, and raw mining.

In recent years, China A. Steep and Sustainable development vision 2050 Within the framework Many projects have strengthened their strategic approach to Mongolia, thanks to Beijing Mongolia in 2023 receipt 17 billion dollars.

No risk -free cooperation

At the same time, short, medium and long -term risks are also raised in the project. The possible short-term challenges arise from a lack of infrastructure in the China-Mongolia and Russia corridor, currency fluctuations and regional political dynamics. In fact, in the trade between China, Mongolia and Russia, the transition to the national currency without the appropriate financial infrastructure is a long and exhausting task, and at the present time there is no relationship between the three countries.

In addition, medium -range risks should also mention the possibility of the increasing economic impact in China in the mining and crossing sectors in Mongolia, making Mongolia and the Mongolian economy more at risk in the medium term, as high dependence on Chinese financial resources is risky. The addiction itself can weaken the policy of the “third neighbor” of the Alancor, which aims to establish balanced relations with China and Russia with states such as the United States, Japan and Central Asia.

China's borders with Russia, so why Mongolia?

In addition, there is another question about the project. This is why Mongolia is required for trade between Beijing and Moscow, where the borders of China and Russia are each other. The answer is somewhere in the effectiveness of cost. The geographical location of Mongolia between China and Russia makes a perfect partner by providing a shorter, more efficient and more logical road compared to other alternative methods between China and Russia. or

Since Russia is likely to replace European Union countries in the long run in its developing foreign economic relations, Russian trade in Russia can become a factor in the development of Siberia and the Far East. In addition, China and Russia diversify foreign trade and international transport by developing the necessary infrastructure in the eastern region of the country.

Altai, Tuva, Burjatöld and Bajatöronta Border, which limits Mongolia, have strong conditions for the emergence of the Chinese-Mangoulia-Russia economic corridor, including infrastructure and social and economic capabilities.

At the same time, if the Chinese -Russia economic corridor is supposed to achieve more than just a logistical project, because this tripartite initiative requires economic and strategic coordination deeper than the project's participants. However, the question remains about whether such a project is already justified within Eurasia.

Author Researcher at the University of Newman Junus Eurasia.

(Cover image: The Orasian Festival was held on the 800th anniversary of Genghis Khan in Mongolia. Photo: Barry Lewis / Corbis / Gety Em.