Study on the economic effects and solving obstacles to the establishment of FTA between China and Russia under the docking of the “Belt and Union”

Regional economic integration has become an important trend of global economic development. As one of the important forms, free trade area is favored by countries all over the world. The establishment of FTA among countries can complement each other's advantages to a greater extent, give play to the potential of various parties and seek common interests. China and Russia are highly complementary in the field of economy and trade, and the establishment of China-Russia FTA is the development direction of economic and trade of China and Russia in the future. This paper analyzes the realistic foundation of the establishment of FTA between China and Russia, predicts economic effect of FTA between China and Russia using the method of combining empirical and theoretical analysis, analyzes the obstacles to the establishment of FTA between China and Russia and puts forward the countermeasures according to the relevant data, these research are based on the theory of regional economic integration, geographical economics, international trade theory from the perspective of the docking of the Belt and Union.