The strategic concept of the Greater Eurasian Partnership has been the greatest achievement of Russia in its prioritization of foreign policy and in building effective multilateral institutions in this macroregion. This concept, as well as the previously developed strategy of pairing the Chinese One Belt One Road Initiative and the Eurasian Economic Union, is based on the academic and political belief that multilateral institutions, which introduce mutually binding norms for their members, are the essential element of international regulation on both global and regional levels. For Russia, the idea of the Greater Eurasian Partnership is also a part of its national strategy and policy of the accelerated development of the Russian Far East and Siberia – both natural and necessary parts of Asian and Eurasian space. So far, Eurasia has primarily been a geostrategic and philosophical concept, whereas the new strategy of Russia aims to revalue Eurasia in terms of rational cooperation.

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Nobody has any doubts that what is happening now in Ukraine is not simply a regional conflict but a test for the current international hierarchy. Predictions of the outcome would be woefully premature in any case, but one can try to imagine which principles may form the foundation of a future system of global co-existence and which will be relegated to the past. The following is an edited excerpt from the Valdai Club report "A World Without Superpowers" prepared by a team of authors, including

The latest changes in the nature of relations between members of the Western international community send us back to one of the fundamental questions in international relations: Are states able to change the nature of their behavior on the international stage? European integration and the formation of the Euro-Atlantic security space in the second half of the 20th century for a long time provided arguments in support of the changeability of the basic patterns of states' behavior and possible formation of a better, more civilized international system. However, growing contradictions within the West and its current policy,

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