<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This study analyses China’s One Belt, One Road (OBOR) initiative for the Baltic and South Caucasus countries. Trade, Foreign Direct Investments and transit potential are taken as main factors for the cooperation. A clash of China and the West in pursuing economic leadership is taken into account. The study suggests a new, alternative route for the OBOR initiative through the Caucasus, which has all the needed infrastructure and readiness for being started. Moreover, Georgia is not new to the EU preferences, it has experience of GSP+ and now the unique achievement of free trade regimes with the EU and China is also taken as an alternative route and an advantage for the Caucasus and the Baltic States.</p></abstract>

This study analyses China’s One Belt, One Road (OBOR) initiative for the Baltic and South Caucasus countries. Trade, Foreign Direct Investments and transit potential are taken as main factors for the cooperation. A clash of China and the West in pursuing economic leadership is taken into account. The study suggests a new, alternative route for the OBOR initiative through the Caucasus, which has all the needed infrastructure and readiness for being started. Moreover, Georgia is not new to the EU preferences, it has experience of GSP+ and now the unique achievement of free trade regimes with the EU and China is also taken as an alternative route and an advantage for the Caucasus and the Baltic States.

The Caucasus 3 Plus the Baltic 3 and Economic Cooperation with China

TalTech Journal of European Studies

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"The Caucasus 3 Plus the Baltic 3 and Economic Cooperation with China"}

This study analyses China’s One Belt, One Road (OBOR) initiative for the Baltic and South Caucasus countries. Trade, Foreign Direct Investments and transit...

The Caucasus 3 Plus the Baltic 3 and Economic Cooperation with China

Published Online: Dec 31, 2018

Page range: 44 - 64

DOI: https://doi.org/10.1515/bjes-2018-0015

Keywords
16+1 cooperation, Baltic States, BRI, Caucasus, FDI, international trade, OBOR

© 2018 Vakhtang Charaia et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The Caucasus 3 Plus the Baltic 3 and Economic Cooperation with China

Published Online: Dec 31, 2018

Page range: 44 - 64

DOI: https://doi.org/10.1515/bjes-2018-0015

Keywords16+1 cooperation, Baltic States, BRI, Caucasus, FDI, international trade, OBOR

© 2018 Vakhtang Charaia et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
16+1 cooperation, Baltic States, BRI, Caucasus, FDI, international trade, OBOR