Contradictions in the development of the processes of international economic integration of the Russian Federation and China
Abstract. The article is devoted to the actual problem of integration processes taking place in many countries at the present stage of the historical process. The development of the economic integration of Russia and China seems to be very productive and promising. Despite the existence of certain strategic contradictions, the economic integration of Russia and China will ensure the realization of the national interests of two countries. The article reveals key directions of the policy improvement for managing the process of the economic integration between Russia and China.
Keywords: integration, economic union, energy sector, strategic contradictions, economic security, national interests
Highlights:
♦ the functioning of the socio-economic system of Russia in the conditions of increasing geopolitical tension makes it necessary to search for new forms of interaction with friendly countries, one of them is the People`s Republic of China (PRC), with which our country is connected by a long history of mutual relations at various levels;
♦ despite a certain positive dynamics in the development of integration processes between Russia and China, there are a number of strategic contradictions of economic, mental, and cultural character that require careful study in order to level them out;
♦ there are a number of promising areas of cooperation between our countries, one of which is the development of cooperation in the energy sector. Currently, quite a large number of Russian companies have agreements with Chinese organizations within the framework of cooperation in the field of energy;
♦ these ageements require a certain improvement of the mechanism for managing the process of economic integration in order to increase the efficiency of the implementation of contractual obligations, transparency of logistics routes, which will bring cooperation between the two countries to a new level.
Zhang Tingshuo, Lenar N. Safiullin - Kazan (Volga Region) Federal University, Kazan, Russia