«LEGAL SUPPORT FOR TRANSNATIONAL INFRASTRUCTURE PROJECTS: A COMPARATIVE ANALYSIS OF MODELS OF REGULATION AND DISPUTE RESOLUTION WITHIN THE FRAMEWORK OF THE BELT AND ROAD INITIATIVE AND EURASIAN INTEGRATION, INCLUDING INSTITUTIONAL AND ARBITRATION MECHANISMS»
Oleg I. Popov, PhD
Head of the Chair of Jurisprudence and International Law
International Research Institute for Advanced Systems

The methodological design of a study of the legal framework for transnational infrastructure projects in the context of the intersection of the Belt and Road Initiative and Eurasian integration requires a synthesis of several complementary approaches to adequately reflect the complex nature of legal regimes emerging at the intersection of national, international public, and private law. The fundamental approach is an institutional and legal one, focused on identifying the architecture of regulatory bodies and mechanisms, including national regulators, interstate coordination structures, and specialized arbitration and quasi-judicial institutions.
This approach analyzes the competence of entities, the distribution of regulatory powers, the legal nature of regulations, and the degree of their binding force. This is particularly significant when studying the Chinese model, which features a hybridization of party-state decisions and formal legal instruments, and the Russian model, which relies on more formalized sources of law and institutionalized procedures. The comparative method is particularly important in this study, as it allows for a comparison not only of norms and institutions but also of legal cultures, law enforcement practices, and the degree of formalization of procedures. The comparative analysis is conducted across several key parameters: models of regulatory consolidation of infrastructure projects (intergovernmental agreements, framework memoranda, concession agreements, public-private partnership agreements), risk-sharing mechanisms, the legal status of project operators, and dispute resolution procedures.
In Chinese practice, particular attention is paid to soft law and political agreements, which are then institutionalized through corporate and contractual structures, whereas in Eurasian integration, there is a tendency to formalize obligations through contractual and legal mechanisms with a clear hierarchy of sources. A systems approach allows us to consider the legal framework for infrastructure projects as a multilayered system, including the national level (legislation on subsoil resources, investments, concessions, and strategic industries), the supranational level (the law of the Eurasian Economic Union), and the international level (bilateral investment agreements, investment protection agreements, WTO norms, and international investment law). Within this system, a key consideration is the analysis of the interrelations and conflicts between regulatory levels, which is particularly relevant given that Chinese projects are being implemented in EAEU member states, taking into account their obligations to the union and third countries.
The functional method focuses on identifying the actual effectiveness of legal mechanisms, including analyzing project implementation practices, fulfilling obligations, resolving disputes, and protecting investor rights. In this context, empirical case studies play a special role, allowing us to identify the gap between formally enshrined norms and actual practices. The Chinese model often prioritizes political and economic expediency over formal legal procedures, which is reflected in flexible approaches to dispute resolution, including the use of negotiation mechanisms and mediation. Russian and Eurasian practices, however, maintain a higher degree of adherence to formal legal procedures.
The legal modeling method is used to construct integrative frameworks that harmonize various legal regimes. This method develops models of hybrid arbitration mechanisms that combine elements of international commercial arbitration, investment arbitration, and specialized infrastructure tribunals. Particular attention is paid to developing models for distributing jurisdiction between national courts, arbitration institutions, and supranational bodies, which minimizes the risk of jurisdictional conflicts and increases the predictability of law enforcement. The normative-dogmatic method provides an analysis of the content of legal norms governing infrastructure projects, including investment protection provisions, guarantees of legal stability, dispute resolution mechanisms, and party liability.
In Russian practice, considerable attention is paid to enshrining guarantees for investors in federal legislation and international treaties, while in Chinese practice, the emphasis is on a combination of regulations and policy directives that create the framework for project implementation. The method of analyzing law enforcement practice involves examining decisions of arbitration institutions, national courts, and quasi-judicial bodies, which allows us to identify trends in the interpretation of norms and approaches to dispute resolution. In this context, an analysis of the activities of Chinese international commercial courts established to hear disputes under the Belt and Road Initiative, as well as the practices of arbitration institutions such as the China International Economic and Trade Arbitration Commission and the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation, is of particular interest.
The economic and legal analysis method allows us to assess the impact of legal mechanisms on the investment attractiveness of projects, risk distribution, and the effectiveness of infrastructure initiatives. This method analyzes financing terms, including the participation of China's state-owned development banks, political risk insurance mechanisms, and legal instruments for ensuring investment returns. In Russian practice, public-private partnerships and concessions, which balance the interests of the state and investors, are of particular importance.
The research's methodological framework is developed as a multicomponent system integrating institutional, comparative, systemic, functional, normative-dogmatic, and economic-legal approaches. This allows for a comprehensive analysis of the legal framework for transnational infrastructure projects in the context of the interaction between China's Belt and Road Initiative and Eurasian integration, identifying key patterns, and developing scientifically based models for improving legal regulation. A deep analytical study of the legal framework for transnational infrastructure projects in the context of the convergence of the Belt and Road Initiative and Eurasian integration reveals a fundamental contradiction between the formal legal framework for regulation and the actual logic of these projects' functioning, where law acts not only as a standard-setting instrument but also as a mechanism for adapting to geoeconomic dynamics.
The Chinese model is based on the concept of legal pragmatism, whereby regulatory frameworks are formed post-factum, enshrining existing political and economic agreements. The Russian and Eurasian models, however, maintain a focus on the preliminary legal structuring of relations with a high degree of formalization. China's Belt and Road Initiative (BRI) demonstrates a unique legal architecture characterized by a combination of soft law, intergovernmental agreements, and corporate contractual mechanisms. The absence of a single binding international treaty regulating the initiative is compensated for by a network of bilateral agreements, memoranda of understanding, and investment contracts that form a decentralized yet functionally interconnected system. In this system, state-owned corporations and Chinese financial institutions, such as development banks, play a key role, effectively acting as regulatory bodies, ensuring project implementation through financing mechanisms. This leads to a shift in the center of gravity of legal regulation from the public law realm to the sphere of private law instruments, where contracts become the primary bearer of the rights and obligations of the parties.
In contrast, Eurasian integration, institutionalized within the Eurasian Economic Union, relies on a more robust regulatory framework, including international treaties, decisions of supranational bodies, and the national legislation of member states. However, this formalization is accompanied by limited enforcement effectiveness due to differences in the legal systems and economic interests of the participants. This results in a situation of regulatory saturation with a lack of enforcement mechanisms, which reduces the predictability and investment attractiveness of projects. An analysis of dispute resolution mechanisms reveals fundamental differences between the Chinese and Eurasian models. China is actively developing its own dispute resolution infrastructure, including the creation of specialized international commercial courts focused on cases related to the Belt and Road Initiative. These courts combine elements of the national judicial system and international arbitration, offering procedures adapted to the specifics of transnational projects. At the same time, China is strengthening the position of its arbitration institutions, seeking to create an alternative to traditional Western centers such as the London Court of International Arbitration or the International Chamber of Commerce.
Russian practice, in turn, maintains a focus on traditional mechanisms of international commercial arbitration, including the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation, as well as the use of foreign arbitration venues. However, in the face of sanctions pressure and restricted access to Western jurisdictions, there is a trend toward the formation of an autonomous arbitration infrastructure and a reconsideration of approaches to the choice of applicable law and the seat of arbitration. At the same time, the issue of foreign investors' trust in national judicial and arbitration institutions remains, requiring further improvement of procedures and increased transparency. A significant element of analysis is the distribution of risks in transnational infrastructure projects. The Chinese model is characterized by a high degree of risk centralization on the part of host states, reflected in the use of sovereign guarantees, government obligations, and collateral for strategic assets. This allows Chinese investors to minimize financial risks, but simultaneously creates the threat of debt dependence for partner countries.
In Russian practice and within the Eurasian integration framework, a more balanced approach to risk sharing based on public-private partnership principles is observed. However, limited financial resources and institutional barriers reduce the effectiveness of such models. Legal analysis reveals that the key problem is the fragmentation of regulatory regimes and the lack of unified standards for regulating infrastructure projects. This leads to conflicts between national legislation, international obligations, and contractual terms, complicating project implementation and increasing transaction costs. In the Chinese model, this problem is partially mitigated by flexible law enforcement and the priority of negotiation mechanisms, whereas in the Eurasian system, the lack of flexible instruments leads to delays and reduced efficiency.
Analyzing the state's role in the legal framework for projects is particularly important. In China, the state simultaneously acts as integrator, investor, and regulator, which ensures a high degree of coordination but reduces transparency and increases the dependence of legal mechanisms on political decisions. In Russia and the EAEU countries, the state also plays a significant role, but its functions are more differentiated, creating additional layers of coordination and increasing the complexity of decision-making.
In the context of international law, the question arises of the relationship between national legal regimes and global standards, including investment protection and dispute resolution norms. China is gradually transforming its position, moving from a passive participant in the international investment system to an active shaping of alternative rules of the game, while Russia, facing limited access to international institutions, is forced to adapt its legal strategy, strengthening regional mechanisms and developing its own institutions.
A deep analytical review demonstrates that the legal framework for transnational infrastructure projects is evolving in a context of competing legal models. The Chinese system is characterized by flexibility, pragmatism, and a high degree of integration of political, economic, and legal instruments, while the Eurasian model is characterized by formalization, institutional complexity, and limited effectiveness of law enforcement. This necessitates the search for new, synthetic solutions that can combine the advantages of both systems and minimize their shortcomings. International practice in providing legal frameworks for transnational infrastructure projects, in conjunction with China's Belt and Road Initiative and Eurasian integration, demonstrates the gradual emergence of a hybrid regulatory model, in which traditional mechanisms of international investment law are adapted to new geoeconomic conditions, and law enforcement is taking on a distinctly pragmatic nature.
In practice, China is building a multi-tiered project support system, relying on bilateral intergovernmental agreements that set the framework conditions and detailing them through a complex set of contractual structures, including EPC contracts, public-private partnership agreements, and investment agreements with elements of stabilization clauses. Infrastructure projects in Central Asia serve as an example, where Chinese companies are implementing transport corridors and energy facilities using a "finance-build-operate" model, where key risks are assigned to the host country through government guarantees and investment recoupment mechanisms.
In Russian and Eurasian practice, similar projects are implemented with a greater focus on institutional procedures and the legal consolidation of obligations. Major infrastructure initiatives, including transport corridors and energy projects, are formed on the basis of intergovernmental agreements, supplemented by national regulations governing investment activities and public-private partnerships. However, experience shows that formal legal certainty does not always translate into effective implementation, due to institutional constraints, lengthy approval procedures, and insufficient coordination between government agencies.
In the area of dispute resolution, international practice demonstrates a diversification of instruments. China is actively promoting its arbitration institutions, including the China International Economic and Trade Arbitration Commission, offering project participants procedures tailored to the specifics of infrastructure contracts, with an emphasis on the speed of case resolution and the possibility of using mediation. At the same time, specialized judicial bodies focused on addressing transnational commercial disputes are being created, allowing China to develop an alternative jurisdictional ecosystem. In a number of cases, parties agree to have disputes heard in Chinese jurisdictions in exchange for more favorable financial terms and support from Chinese development banks.
Russian practice remains committed to international arbitration standards. However, with access to traditional Western forums limited, the use of national arbitration institutions and the development of regional mechanisms is increasing. The International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation is becoming a key forum for resolving disputes involving Russian and foreign companies, while the trend toward including clauses in contracts regulating the application of Russian law and the choice of Russian jurisdiction is increasing. At the same time, the practice of turning to neutral jurisdictions, including Asian arbitration centers, continues, reflecting the desire of project participants to minimize legal risks. The implementation of projects within the framework of the Belt and Road Initiative and Eurasian integration highlights the need for institutional coordination.
Attempts are being made at the Eurasian Economic Union level to harmonize legal regulation, including the unification of customs procedures, technical standards, and infrastructure access rules. However, the lack of specialized dispute resolution mechanisms within the union limits the effectiveness of integration, leading to recourse to external arbitration institutions or bilateral settlement mechanisms. Conclusions from an analysis of international practice indicate that the sustainability of transnational infrastructure projects is determined not so much by the formal comprehensiveness of legal regulation as by the legal system's ability to balance the interests of the parties, as well as predictability and prompt dispute resolution. The Chinese model demonstrates high effectiveness through the integration of financial, political, and legal instruments, but is associated with risks of asymmetry and limited transparency. The Eurasian model provides a higher level of formal certainty but faces challenges in implementation and coordination.
Recommendations for improving the legal framework for projects in this context include the development of hybrid arbitration mechanisms that combine the advantages of international commercial arbitration and specialized infrastructure tribunals, as well as the creation of supranational institutions within the Eurasian integration framework capable of ensuring effective dispute resolution. Expanding the use of mediation and other alternative dispute resolution methods is also necessary, which will reduce the burden on judicial and arbitration bodies and expedite the conflict resolution process. Additionally, harmonization of regulatory regimes is required through the development of model agreements and unified regulatory standards for infrastructure projects, which will reduce transaction costs and enhance investment attractiveness. An important area is increasing the transparency of law enforcement and strengthening trust in national and regional institutions, which can be achieved through improved procedures, enhanced qualifications of judges and arbitrators, and the implementation of international information disclosure standards.
International practice shows that effective legal support for transnational infrastructure projects requires a comprehensive approach, including institutional development, improvement of the regulatory framework, and adaptation of law enforcement mechanisms to the conditions of global economic transformation. A key factor for success is the legal system's ability to integrate various levels of regulation and ensure a balance of interests among all project participants. The final analytical and synthetic layer inevitably goes beyond the traditional comparison of models and identifies a deeper pattern: legal support for transnational infrastructure projects in the modern world is no longer a static system of norms and is transforming into a dynamic architecture in which law functions not so much as a regulator but as an instrument for the strategic coordination of economic and political interests.
In this logic, the Chinese and Eurasian models are not opposed systems, but rather different stages and forms of evolution in the legal framework for global projects, each reflecting the specifics of institutional development, legal culture, and geoeconomic priorities. A key unanswered question remains the issue of legal predictability in the context of the politicization of infrastructure projects. Within the Belt and Road Initiative, legal certainty often gives way to political expediency, which allows for accelerated project implementation but simultaneously creates latent risks for investors and host states. In Eurasian integration, by contrast, formal predictability fails to compensate for institutional limitations, leading to a decrease in the effectiveness of legal regulation. Thus, a paradox arises: excessive flexibility undermines trust, while excessive formalization reduces speed and adaptability.
The transformation of arbitration mechanisms requires special attention. The traditional model of international investment arbitration, shaped by Western legal tradition, is gradually losing its universality. Chinese practice demonstrates an attempt to develop an alternative system in which arbitration is integrated with judicial and administrative mechanisms, and supplemented by mediation and negotiated settlement tools. Russian and Eurasian practice, influenced by external constraints, is also moving toward institutional autonomy. However, this process is accompanied by the need to overcome the trust deficit and ensure the independence of arbitration institutions. The role of digitalization in the legal framework for infrastructure projects also remains insufficiently addressed.
With the transition to digital project management platforms, the implementation of distributed ledger technologies, and the automation of contractual relations, a new environment is emerging in which traditional legal frameworks require adaptation. China is actively integrating digital tools into project management, including the use of digital platforms for contract monitoring and dispute resolution, while in the Eurasian region this process is still in its infancy. This creates an additional gap in the effectiveness of legal frameworks and requires the development of new regulatory approaches. A significant factor requiring further consideration is the changing nature of sovereignty in the context of transnational projects. The implementation of infrastructure initiatives inevitably involves the transfer of some regulatory functions to supranational or external entities, transforming the traditional understanding of state sovereignty.
The Chinese model demonstrates a more flexible approach to this issue, viewing sovereignty as a tool for negotiation and benefit sharing, while Russian and Eurasian practice maintain a more conservative understanding, limiting integration opportunities. It should be noted that the legal framework for transnational infrastructure projects, as part of the convergence of the Belt and Road Initiative and Eurasian integration, is in the process of developing a new paradigm, one in which classical legal structures are combined with flexible, adaptive regulatory mechanisms. The effectiveness of this paradigm is determined by the ability of legal systems to ensure a balance between flexibility and predictability, between national interests and the demands of international cooperation, and between formal norms and the actual practice of their application. The prospective development of legal regulation in this area is linked to the formation of a synthetic model that integrates the advantages of Chinese pragmatism and Eurasian institutional formalization. This model envisions the creation of multi-tiered dispute resolution mechanisms, including arbitration, mediation, and specialized judicial bodies, the development of unified standards for regulating infrastructure projects, and a stronger role for supranational institutions. A key condition is increased transparency and trust in legal mechanisms, which are essential for ensuring the sustainability and long-term effectiveness of transnational projects.
Ultimately, law in this area is no longer simply a regulatory tool but a strategic resource, determining the competitiveness of states and integration associations in the global economy. The ability to adapt legal systems to new conditions, integrate various levels of regulation, and ensure effective dispute resolution is becoming a key factor in the success of transnational infrastructure projects and the development of sustainable models of international cooperation. In recent years, the case study of legal support for transnational infrastructure projects has evolved around several typical yet illustrative situations that highlight key contradictions between the Chinese and Eurasian legal models, as well as demonstrate practical mechanisms for dispute resolution and risk redistribution.
The first case concerns the China-Laos railway corridor (Boten-Vientiane Railway), which has become one of the most integrated projects of the Belt and Road Initiative. Formally, the project was implemented through a joint venture with shares divided between the Chinese and Laotian parties. However, in reality, the host state's financial and technological dependence on Chinese development institutions led to an asymmetry in the legal status of the parties. In legal terms, this was reflected in the dominance of Chinese law in contractual documentation and the choice of arbitration mechanisms oriented toward Chinese or affiliated jurisdictions. This case demonstrates the transformation of classical investment law toward contractual and institutional investor dominance, where the principle of sovereign equality is formally observed, but in practice, a "controlled jurisdiction" model is implemented.
The second case examines the practice of resolving disputes within the Hong Kong International Arbitration Centre (HKIAC), which has become a key forum for resolving conflicts related to Belt and Road projects. Since the initiative's launch, the centre has heard hundreds of cases involving parties from countries along the route, owing to the high level of acceptance of its decisions thanks to the New York Convention and the relative neutrality of its jurisdiction. In this case, a model of "quasi-neutral arbitration" is emerging, where China effectively utilizes international institutions without disrupting the existing system, but gradually integrating them into its own legal ecosystem. This demonstrates a strategy of soft institutional expansion through established mechanisms
The third case concerns the creation of the China International Commercial Courts, which act as an instrument of institutional sovereignty in dispute resolution. These courts, operating within the Supreme People's Court of China, handle transnational disputes involving elements of foreign law, with their decisions being final. This mechanism represents a fundamentally new form of hybrid justice, combining elements of the national judicial system, arbitration, and mediation, and reflects China's desire to create an alternative to the traditional system of international investment arbitration.
The fourth case concerns the institutionalization of preventive dispute resolution through the creation of the International Commercial Dispute Prevention and Settlement Organization (ICDPASO), which combines mediation, arbitration, and advisory services. The growing number of cases and the active participation of partner countries indicate a shift from a reactive dispute resolution model to a proactive one focused on conflict prevention. This case demonstrates a fundamental shift in the legal paradigm—from dispute resolution to conflict management as an element of infrastructure policy.
The fifth case is emerging in the Eurasian space and involves the convergence of the EAEU and China's Silk Road Economic Belt projects, particularly within the Russia–Kazakhstan–China transport corridors. Here, two legal logics clash: China's flexible contractual model and the Eurasian regulatory model. In practice, this translates into difficulties in harmonizing technical standards, customs procedures, and investment regimes, leading to project delays and increased transaction costs. Furthermore, the lack of a specialized supranational dispute resolution mechanism within the EAEU forces parties to resort to either bilateral agreements or external arbitration institutions, reducing the effectiveness of integration.
The sixth case concerns attempts to create a specialized dispute resolution mechanism for Belt and Road projects (the BRI Dispute Settlement Mechanism), which is currently being discussed internationally. The proposal calls for a universal system capable of taking into account the specifics of transnational infrastructure projects and balancing the interests of the parties. However, this mechanism remains at the conceptual stage, demonstrating the ongoing search for an optimal institutional model.
The seventh case reflects the geoeconomic dimension of legal disputes and is related to criticism of the Belt and Road Initiative by Western countries, which highlights the risks of politicizing legal mechanisms and using infrastructure projects as a tool for economic influence. This reinforces the importance of legal guarantees and the independence of dispute resolution mechanisms, as in a context of geopolitical competition, law becomes an element of strategic confrontation.
A comprehensive analysis of the cases allows us to formulate several key conclusions. First, there is a shift from universal international legal mechanisms to regionalized and institutionally hybrid systems, where law is adapted to specific economic and political objectives. Second, the role of contract law as the primary regulatory instrument is increasing, leading to a decline in the significance of classical international treaties. Third, institutional competition is occurring between various dispute resolution models, with China demonstrating an active strategy for developing an alternative legal ecosystem, while Eurasian integration has not yet developed a comparable mechanism. Taken together, these cases reflect the emergence of a new legal reality, in which transnational infrastructure projects are becoming not only the object of legal regulation but also an instrument for transforming the international legal system itself, shifting it from universalism to polycentricity and from formal normativity to functional efficiency.
In concluding our study of the legal framework for transnational infrastructure projects in the context of the convergence of the Belt and Road Initiative and Eurasian integration, we note the emergence of a fundamentally new legal reality, in which the classical constructs of international public and private law are undergoing profound transformation under the influence of geoeconomic factors, institutional competition, and technological change. Law in this area is losing its purely normative nature and is acquiring the characteristics of a strategic instrument integrated into the system for managing transnational flows of capital, technology, and infrastructure resources. The key conclusion is that the Chinese and Eurasian models of legal framework are not strictly alternatives, but rather represent distinct institutional configurations, each demonstrating its own logic of adaptation to conditions of global uncertainty.
The Chinese model, based on legal pragmatism, flexibility, and the dominance of contractual mechanisms, ensures rapid project implementation and financial sustainability, but is associated with the risks of legal asymmetry, reduced transparency, and dependence on political decisions. The Eurasian model, on the contrary, is characterized by normative structuring and institutional formalization, which increases the level of legal certainty, but simultaneously limits adaptability and reduces the effectiveness of law enforcement in a dynamically changing external environment. The analysis revealed that the central problem of legal support for transnational infrastructure projects is the fragmentation of legal regimes and the lack of unified coordination mechanisms. Conflicts between national laws, international obligations, and contractual terms create a zone of legal uncertainty, increasing transaction costs and investment risks. In this regard, the development of hybrid legal models capable of integrating various levels of regulation and ensuring a balance between formal certainty and practical flexibility is particularly important. A significant finding of the study is the identification of the transformation of dispute resolution mechanisms. The traditional system of international investment arbitration is gradually giving way to more complex and multi-layered structures, including specialized courts, arbitration institutions, and mediation mechanisms. Chinese practice demonstrates the active formation of an alternative jurisdictional ecosystem focused on domestic institutions with elements of international legitimacy, while Eurasian integration has not yet developed a comparable supranational dispute resolution mechanism, limiting its institutional potential.
The changing role of the state deserves special attention. In transnational projects, it acts not only as a regulator but also as an investor, guarantor, and strategic coordinator. This leads to a blurring of the boundaries between public and private law and the formation of mixed legal regimes in which state and corporate interests intertwine. In the Chinese model, this integration reaches its maximum degree, ensuring high coordination, whereas in Eurasian practice, a more traditional delineation of functions remains, complicating the decision-making process. The study's findings allow us to formulate a number of fundamental propositions. First, effective legal support for transnational infrastructure projects is only possible through a transition from static regulatory frameworks to dynamic regulatory models that take into account the volatility of the external environment. Second, institutional harmonization of legal regimes is necessary through the development of unified standards, model agreements, and coordination mechanisms, which will reduce the level of legal fragmentation. Third, a key development area is the creation of multi-tiered dispute resolution systems combining arbitration, judicial procedures, and alternative dispute resolution methods, ensuring both independence and the speed of case resolution. Fourth, increasing transparency and trust in legal institutions is becoming a critical condition for attracting investment and ensuring the sustainability of projects. This requires improving law enforcement procedures, enhancing the skills of legal process participants, and implementing international information disclosure standards. Fifth, the digitalization of legal support for infrastructure projects opens up new opportunities for increased efficiency, but simultaneously requires adapting the regulatory framework and developing new legal instruments.
The final summary allows us to conclude that a polycentric system of legal regulation for transnational infrastructure projects is emerging, in which various legal models coexist and compete. The ability of states and integration associations to adapt to this system, integrate best practices, and build effective mechanisms for cooperation is becoming a determining factor in their participation in global infrastructure initiatives. In this context, the convergence of the Belt and Road Initiative and Eurasian integration represents not only an economic but also a legal experiment, the results of which will determine the development of international law in the coming decades.
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