Mega-Regional agreements in the context of world economic fragmentation: EU and China strategies

Cover Page

Cite item

Full Text

Abstract

Amid the transformation of the international economic system, caused by the crisis of global institutions, the rise of regionalization and the politicization of economic relations, mega- regionalism has emerged as a crucial tool in international trade. The authors examine how the EU and China apply mega-regional approaches in their trade policies to enhance their positions in the global economy, using different integration models.
The article explores how the differing strategies of the EU and China reflect their geo-economic priorities, peculiarities and responses to the challenges posed by the fragmentation of the global economy.

About the authors

Vladimir Yu. Salamatov

MGIMO University Ministry of Foreign Affairs of Russia

Email: VYSalamatov@itandi.ru
ORCID iD: 0000-0002-6430-640X

Dr. Sci. (Econ.), Cand. Sci. (Tech.), Professor, Director at the Institute of International Trade and Sustainable Development, Head of the Department of Commerce and Trade Regulation

Russian Federation, Moscow

Anna V. Tangaeva

Research Center “International Trade and Integration”

Email: tangaeva.anna@mail.ru
ORCID iD: 0000-0003-3319-2283

 Head of the Tariff Barriers and Market Access Department

Russian Federation, Moscow

Anna A. Zharkova

Research Center “International Trade and Integration”

Author for correspondence.
Email: aazharkova@itandi.ru
ORCID iD: 0009-0006-5860-8555

Specialist

Russian Federation, Moscow

References

  1. Review of the Round Table “Prospects for the Development of the World Economy in the Context of Global Economic Fragmentation” // Modern World Economy. 2024. No. 2 (1). Pp. 128–133. Available at: https://cwejournal.hse.ru/article/view/21965 (accessed: 01.08.2024). (In Russ.).
  2. Spartak A.N. Metamorphosis of the Regionalization Process: From Regional Trade Agreements to Megaregional Projects // Outlines of Global Transformations: Politics, Economics, Law. 2017. Vol. 10. No. 4. Pp. 13–37. doi: 10.23932/2542-0240-2017-10-4-13-37. (In Russ.).
  3. Portansky A.P. WTO: Accumulated Problems and Prospects after MC-13 // Modern World Economy. 2024. Vol. 2. No. 1 (5). Pp. 70-82. doi: 10.17323/2949-5776-2024-2-1-70-82. (In Russ.).
  4. Kulagin V., Mishutin G. China Spent Over $458 Billion on R&D in 2023 // Vedomosti. 2024. March 6. Available at: https://www.vedomosti.ru/politics/articles/2024/03/06/1023890-kitai-potratil-na-niokr-bolee-458-mlrd (accessed: 01.08.2024). (In Russ.).
  5. Salamatov V. Yu. Mega-Regional Trade Agreements // World Economy and International Relations. 2016. Vol. 60. No. 9. Pp. 17–27. doi: 10.20542/0131-2227-2016-60-9-17-27. (In Russ.).
  6. Spartak A.N. The transition to a new world economic order: stages, key features, challenges, and solutions for Russia // Russian Foreign Economic Journal. 2022. №7. Pp. 7–29. doi: 10.24412/2072-8042-2022-7-7-29 (In Russ.).
  7. Trump Says No Exemptions with Metal Tariffs to Start in March // BBC. Available at: https://www.bbc.com/news/articles/c360dz384n5o (accessed: 11.02.2025).
  8. What Are the Tariffs on Steel and Aluminum Trump Announced? // The Guardian. Available at: https://www.theguardian.com/world/2025/feb/10/eu-says-it-will-retaliateimmediately-if-trump-imposes-new-tariffs (accessed: 11.02.2025).
  9. Initiative on Global Governance of Artificial Intelligence // Ministry of Foreign Affairs of the People’s Republic of China. 2023. October 20. Available at: https://www.mfa.gov.cn/rus/wjdt/gb/202310/t20231024_11166700.html (accessed: 01.08.2024). (In Russ.).

Supplementary files

Supplementary Files
Action
1. JATS XML


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Согласие на обработку персональных данных

 

Используя сайт https://journals.rcsi.science, я (далее – «Пользователь» или «Субъект персональных данных») даю согласие на обработку персональных данных на этом сайте (текст Согласия) и на обработку персональных данных с помощью сервиса «Яндекс.Метрика» (текст Согласия).