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Transcript of Macro-Advisory’s 2017 Autumn Briefing
Speaker: Dmitry Pankin, Chairman of the Management Board, Eurasian Development Bank
Mr Pankin spoke about developments in the Eurasian Economic Union, sanctions, and the One Belt, One Road project.
Eurasian Economic Union: Consolidation and Progress Continues
Not much has changed in the EaEU since our last report, but this sort of integration process does not move quickly, as the experience of the EU shows. The EU experience is also important when interpreting intra-EaEU friction, such as that between Russia and Belarus. This is inevitable when countries have diverging bilateral interests. The EaEU exists to create a forum where these can be resolved, but not eradicated. We see a little more flesh on the links between the EaEU and the One Belt One Road strategy, but both projects are moving slowly.