Eurasian Connectivity: Interests of Regional and Great Powers

Abstract

This article analyses the structure of trading networks in Eurasia and raises important questions on the relationship between these networks and the geopolitical contexts they navigate. Obviously, the geopolitical ambitions of multiple nation-states directly affect the lives and activities of the traders. Besides, nation-states also seek to instrumentally use the trading networks and communities that operate across their territories in order to expand their geopolitical reach and influence. The ultimate goal of these efforts is to dismantle trade barriers among regional players and invigorate intra-regional trade and investments in such a spirit that it would serve their interests. This leaves researchers and analysts wondering whether there is a need for connectivity in Eurasia and how it can be achieved. Which countries are participating in these projects, and what strategies have they adopted? In this article, the author answers the above questions with the help of the relevant maps reflecting the geopolitical interests of major powers and trade statistical reports. The author analyses the institutional arrangements and frameworks created by regional and great powers of Eurasia with special focus on the ambitions of Russia, the European Union, China, Central Asian states, Turkey, Iran, Pakistan, and India. Neighboring states may take up an interest in developing overland and maritime trade routes. However, to unlock the potential of regional economic cooperation there are conditions to fulfill, such as favorable economic context and political circumstances or the decision by the governments striving to unlock the potential of their economies through cooperation with the neighbors. Naturally, the Eurasian space has room for most players to participate rather than be self-sufficient, with all of them standing to benefit from increased connectivity. Thus, this article offers a broad note on connectivity issues in Eurasia, which denotes physical and non-physical linkages between continental geographies, polities, economies, and populations. Despite the potential benefits of securing a higher level of connectivity in Eurasia, related initiatives have become a competitive factor. Eurasian powers, both great and regional, have made no secret of their goals to reshape regional and continental integration in accordance with their interests.