Latin America News & Analysis

Latin America

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.

Featured November 18, 2024

Russia – Peru 2024 Bilateral Relations: Update

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 […]

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Featured November 9, 2024

Russia To Collaborate With Chile On Creating New Plant Varietals  

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 […]

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November 6, 2024

Putin’s Speech As 28 New Foreign Ambassadors Present Credentials

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), […]

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October 28, 2024

Latin America and the 2024 BRICS Summit: Executive Summary

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 […]

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October 26, 2024

BRICS, Russia, and Bolivia:  2024 Developments and Implications

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 […]

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October 25, 2024

BRICS Invites 13 Partner States To Join: Full Details

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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October 8, 2024

Cuba Applies To Join BRICS

October 25 Update: Cuba has now been granted ‘BRICS Partner’ status. See more here. The Cuban government has made an official request to join the BRICS bloc in a letter sent to Russian President Vladimir Putin, according to Carlos Pereira, the director general of bilateral affairs of the Cuban Foreign Ministry. He said that “Cuba […]

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