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Prospects of cooperation between Kazakhstan and China in the development of the transport corridor of Eurasia


Rakhmetulina Zh.B., Karipova A.T.
(about the authors)

Rakhmetulina Zhibek Berlibekovna – (L.N. Gumilyov Eurasian National University)

Karipova Aynur Tursynbaevna – (L.N. Gumilyov Eurasian National University)

Published in:
Journal of International Economic Affairs
– Volume 9, Number 3 (July-September 2019)

JEL classification: F02, F15, F53, F63

Keywords: Silk Road Economic Belt, trade and economic cooperation, transport corridor of Eurasia


Citation:
Rakhmetulina Zh.B., Karipova A.T. (2019). Prospects of cooperation between Kazakhstan and China in the development of the transport corridor of Eurasia. Journal of International Economic Affairs, 9(3), 1615-1628. doi: 10.18334/eo.9.3.40816


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Abstract:

Currently, one of the largest-scale initiatives that dramatically change the face of the modern world, forming a new paradigm of economic and geostrategic development in general, is the Strategy of the Economic belt of the Silk road and the Sea silk road. It was called "One belt, one way". This article analyzes the problems and prospects of cooperation between Kazakhstan and China in the development of the transport corridor of Eurasia, the implementation of national interests in the context of contact with the "Economic belt of the Silk road". The study concluded that further development of cooperation between the countries requires initiatives to improve the quality of transport infrastructure, as well as further reduction of physical and non-physical barriers.








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