The Strategy of the Silk Road Economic Belt and Ensuring Russia’s Economic Security

The Chinese government developed the concept of the Silk Road Economic Belt (SREB), which was later combined with the Maritime Silk Road of the Twenty-First Century under the name One Road, One Belt. This concept became the foundation of China’s new external strategy for the near-term perspective. Within the One Road, One Belt concept, the Silk Road Economic Belt initiative facilitates the implementation of the eastern vector of development for our country and for other members of the Shanghai Cooperation Organization (SCO). The One Road, One Belt concept is a Chinese initiative consisting of integrated projects for creation of the Silk Road Economic Belt and Maritime Silk Road of the Twenty-First Century. The concept was first announced by President of the People’s Republic of China Xi Jinping in 2013 during visits to Indonesia and the countries of Central Asia. In addition, political documents, for example, the plan for socioeconomic development to 2015 and the report on the work of the government, list the construction of the One Belt, One Road as one of the important objectives of China’s new government. The Minister of Foreign Affairs of the People’s Republic of China Wang Yi emphasized that the implementation of this initiative will become the focus of China’s foreign policy in 2015. It was also confirmed that this huge project will be included in the Thirteenth Five-Year Plan, which will be adopted in 2016. The essence of China’s initiative is to search for, form, and advance a new model for international cooperation and development. This will be accomplished by reinforcing existing regional bilateral and multilateral mechanisms and collaborative structures in which China is a participant. According to China’s official data, One Road, One Belt covers most of Eurasia and