Russia’s trade with Latin America is characterized by a strategic pivot, focusing on key sectors like food security (wheat, seafood) and energy, despite sanctions complicating payments, with Chile, Brazil, Argentina, and Mexico as major partners, while Latin America seeks diversification away from U.S. dependency, creating a complex dynamic of growing cooperation in specific areas (like food) alongside energy market shifts. Track Russia’s growing business ties with Latin America. Analysis of trade agreements, investment flows, and market expansion opportunities for companies engaged in Russia-LatAm regional commerce.
Russia presented the concept and structure of the proposed BRICS Grain Exchange and how it will work at the 16th meeting of the BRICS Economic and Foreign Trade ministers in Jaipur last week, according to the Russian Economic Development Ministry. Russia proposed to create the BRICS Grain Exchange as a unified digital trading platform where […]
Russia has been developing a massive international railway strategy that includes multiple industrial development sectors and infrastructure across Central Asia, the Middle East, India, China, and deep into Southeast Asia on a scale little recognised. We deep dive the expansion of Russia’s railway development, how it is managing this, and the potential new routes that could become available.
Russia has exported the first shipment of soft wheat since 2023 to Colombia from Novorossiysk, the Novorossiysk branch of the Federal Center for Assessment of Safety and Quality of Agricultural Products (FSBI SQA) has said, stating that “Specialists from the Novorossiysk branch of the FSBI SQA examined five shipments of Russian soft wheat totaling 16,000 […]
Russia and Brazil are looking at expanding their maritime logistics capabilities as trade increases. Brazil especially is interested in closing the 90-10% trade gap between the two countries and wants to develop its exports sector to the Russian market.
Russia’s Foreign Minister, Sergey Lavrov, has met with Mauro Vieira, the Brazilian Minister of Foreign Affairs. With bilateral trade currently growing at more than 6% per annum, we examine the main trade aspects in energy, rare earths, agriculture, and the overall bilateral dynamics.
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The Shanghai Cooperation Organisation Foreign Ministers Summit has just concluded in Kyrgyzstan. Russia’s Foreign Minister also had specific meetings with China, Iran, and Pakistan. We discuss the key developments including the potential establishment of an SCO Development Bank.
The Russian Foreign Minister, Sergey Lavrov, has held three days of meetings in Manila with all the ASEAN countries, in addition to meetings with India, Bangladesh, Pakistan, Sri Lanka, Egypt, Brazil and the United States. These took place under the Russia-ASEAN Summit, the ASEAN Regional Forum and the East Asia Summit. We provide detailed analysis of each of these discussions as well as examine the geopolitical and trade dynamics.
We review the Russia-Latin America Strategic Cooperation Forum (CORAL 2026) which has just taken place in Sao Paulo. Participants included Brazil, Argentina, Colombia, Costa Rica, Guatemala, Honduras, Chile, Venezuela, Paraguay, Ecuador and Russia in what was an important regional trade development event. We provide a country by country analysis and the latest Russia-Latin America trade intelligence.
Russia’s VTB bank has opened a QR code payments system in Argentina, which allows Russians to make commercial transactions in the country while bypassing SWIFT. Other rollouts in Latin American countries are expected.
Russia, China and 27 other global south countries have signed up to form the World Artificial Intelligence Cooperation Organization, with a mandate to strengthen international cooperation and global governance in artificial intelligence and share development expertise. We detail the members and examine the stated goals.
Russia needs to better secure its arbitration reach by both developing Bilateral Investment Treaties with Global South nations, and / or establishing a BRICS arbitration centre. We can expect a flurry of BIT agreements being signed in the coming months.
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