CHINESE INITIATIVE OF BELT AND ROAD IN UKRAINIAN REALITIES: ACCOMPLISHMENTS AND FAILURES

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  M. Smotrytska

Abstract

The author of the article examines the main aspects of the development of relations between Ukraine and China at the modern stage (2013–2020). The article describes the place and significance of Ukraine in Chinese geoeconomic “Belt and Road” initiative. The author touches on such issues as trade and economic relations between the two countries, cooperation in the field of infrastructure and investment. At the same time, special attention is paid to the problem of Ukraine's participation in the Chinese initiative “One belt, One road”. The author studies in details infrastructure projects within the Belt and Road initiative in Ukraine, the implementation of which was suspended for a long time. The main reasons and consequences of suspension are described in the article. The possible prospects of Sino – Ukrainian dialogue are described. The author underlines the potential, main risks and benefits of Ukrainian participation in the BRI. It is noted that the “One belt, One road” initiative can be one of the most attractive geo-economic projects for Ukraine, which on the one hand does not contradict its aspirations for further cooperation and integration with the European Union, and on the other hand, can strengthen Ukraine’s advantages and provide incentives for economic development in general. The author concludes that the events that took place in Ukraine in 2014 did not significantly affect the relations between the two countries, as they are based on permanent factors that determine the need to preserve and strengthen the interaction between the two countries. For Ukraine, this is the Chinese economic potential, and for China-the favorable geographic location of Ukraine and its resource potential.

How to Cite

Smotrytska, M. (2021). CHINESE INITIATIVE OF BELT AND ROAD IN UKRAINIAN REALITIES: ACCOMPLISHMENTS AND FAILURES. Chinese Studies, (2), 133-144. https://doi.org/10.51198/chinesest2020.02.133
Article views: 94 | PDF Downloads: 69

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Keywords

China, Ukraine, Belt and Road Initiative, Sino – Ukrainian cooperation, BRI, Silk Road, CEE

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