Effect of Eurasian Economic Union’s Trade Remedy Measures on the Silk Road Economic Belt

The Eurasian Economic Union (EEU) is significant for the Silk Road Economic Belt. However, EEU’s trade sanctions measures, including anti-subsidy, anti-dumping and supporting measures have caused some side effects on Chinese companies to some degree. As the result, China is the largest trade partner of the EEU and also the largest victim of its trade sanction measures. Till now, the measure of the anti-dumping tax has become the main obstacle which prevents the Chinese commodity to enter Eurasian market. Besides the pragmatic cooperation fields such as infrastructure, capacity, finance and humanities, system and rules are also important subjects to be integrated. China and the members of EEU are proposed to refer to Europe Union criteria to strengthen cooperation fields like system and rules so as to provide more convenience for the cooperation between the companies of two sides. At present the main obstacle of the system integration is that the members of EEU are worried about China’s economic power which will be too strong to erode its market.