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 is holding negotiations on launching direct flights to Brazil, Malaysia and Pakistan, according to Roman Starovoyt, the Russian Minister of Transport, who had said “We are considering Malaysia and Brazil. Pakistan has also contacted us recently with a similar request. We are also analyzing the situation there, and engaging in a constant dialogue. Of […]
Russia’s Promsvyazbank (PSB) has begun developing a Russian payment infrastructure in Nicaragua and will develop an ATM network in the country, the bank has stated. PSB has installed its first ATM in the Nicaraguan capital, Managua, at a branch of Credicoop R.L. bank. It provides customers with access to cash operations in the national currency, […]
Brazil expects to reach an agreement with Russia’s Rosatom on cooperation in the Brazilian nuclear sector by the end of 2025, according to Alexandre Silveira, the Brazilian Mines and Energy Minister. The two sides have begun negotiations on developing a partnership, utilizing Russian experience and seeking investment for exploring Brazil’s mineral potential. Brazil expects to […]
PJSC Whoosh Holding, the holding company of Russian electric scooter and bike sharing service operator Whoosh, plans to soon enter the markets of several cities in Latin America, including Sao Paolo, Brazil, Dmitry Chuiko, the company’s CEO has said. Chuiko announced on Alexei Linetsky’s YouTube channel “We are launching in Sao Paolo literally within a […]
The Asia-Pacific Economic Cooperation (APEC) annual summit has concluded in Lima, Peru, with Russia as a member along with Australia, Brunei, Canada, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the United States, Taiwan, Hong Kong, China, Mexico, Papua New Guinea, Chile, Peru, and Vietnam. The Russian delegation was led by Deputy […]
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Peru has been hosting the annual Asia-Pacific Economic Cooperation (APEC) summit, with the head of the Russian delegation, Deputy Prime Minister Alexei Overchuk, received by the Peruvian Prime Minister Gustavo Adrianzén Olaya. During their meeting, the sides discussed the current state of trade and economic relations between Russia and Peru as well as their prospects […]
The Centre for Breeding and Primary Seed Production department of Russia’s EkoNiva Group has signed an MoU with Chile’s Agricultural Research Institute (INIA). It aims to help introduce accelerated breeding methods and develop the exchange of experience between the two countries’ main plant breeders. It plans to cut the time needed to create new agricultural […]
The Russian President, Vladimir Putin has welcomed 28 new Foreign Ambassadors to Moscow and delivered a keynote speech to them collectively. The new Ambassadors are the highest diplomatic representatives of the following countries: Europe Genc Pecani (Albania), Alexander Rogozhnik (Belarus), Michel Gerebtzoff (Belgium), Ivan Orlic (Bosnia and Herzegovina), Jesper Var (Denmark), Marja Elina Liivala (Finland), […]
Latin America was well represented at the 2024 BRICS Heads of State Summit, with Brazil sending a Ministerial-level delegation and Bolivia and Cuba being granted ‘BRICS Partner’ status. The 2025 annual BRICS summit will be held in Brazil where further LatAm developments can also be expected. We discuss these issues on a multilateral basis as […]
Vladimir Putin has met with Luis Alberto Arce Catacora, the President of Bolivia, following the 2024 BRICS Summit in Kazan. This is what they had to say: Putin: “I am delighted to see you in Russia again. Your visit to St Petersburg in June was very fruitful. We held substantive talks and attended the plenary […]
The BRICS countries have agreed to include 13 countries in the category of “Partner States” in the association. However, the entry of these countries has not yet been made official, as the newly established protocol in the procedure requires the country holding the current Chairmanship of the organisation (in this case, Russia, from 2025, Brazil) […]
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