Content №4 от 2022
Prospects for Interregional Trade Relations Between Belarus, Russia, and China in the Context of Regional Integration
The article presents an analysis of the state and trends in the development of interregional relations of the Republic of Belarus with the regions of the Russian Federation and China. It elaborates proposals on how to form an institutional framework for deepening interregional interactions within the Union State of Belarus and Russia, which includes establishing legal support institutions, expanding the powers of the Union State of Belarus and Russia’s governing bodies, local self-government, coordination, and developing integration environment. The article highlights the main provisions of the draft Strategy for the Development of Interregional Cooperation Between Belarus and the People's Republic of China that contains recommendations for increasing the positions of non-potash commodity exports, taking into account such factors as the demand, price competitiveness of Belarusian products, expanding the export positions of high-tech products and goods of regional specialization, partnering with SMEs, cluster structures, etc. The format of regional associations has been defined as a practically untapped reserve for the growth of interregional relations between Belarus, Russia, and China. The main drivers that build up the capacity for interregional cooperation in the context of regional integration are considered to be as follows: creating an information and analytical database on the status of and current changes in the foreign economic strategies of the regions of China and the EAEU countries; using the potential of the digital logistics corridors project in the EAEU; establishing trade and marketing alliances; working out a joint action plan to include megalopolises and agglomerations, innovation zones, industrial parks, and border areas in interregional interactions.
