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.
Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro have signed a strategic partnership agreement to expand cooperation across key sectors, the Kremlin has announced. The deal was sealed on Wednesday (May 7) in Moscow after talks between the two leaders. Maduro had arrived in the Russian capital to attend the May 9 Victory […]
Russia and Cuba commemorate their 65th anniversary of diplomatic ties on May 8th, in what has been a fascinating diplomatic relationship over the decades. To mark the occasion, the Russian Foreign Minister, Sergey Lavrov, wrote a specific article for the event. This is what he had to say: “On May 8, the Russian Federation and […]
The Russian Foreign Minister Sergey Lavrov, met with Bolivian Foreign Minister Celinda Sosa Lunda on the sidelines of the BRICS Foreign Ministers Council meeting in Rio de Janeiro on April 29. Bolivia has recently joined the BRICS as a Partner nation. The Bolivian government has been facing pressure over its awarding of strategic lithium mining […]
The Russian Foreign Minister, Sergey Lavrov, has been visiting the Caribbean nation of the Dominican Republic in the first visit to the country by a Russian Minister. Lavrov has been in Santo Domingo, the capital, arriving from Brazil where he attended a BRICS foreign ministers meeting. He held meetings with his Dominican counterpart, Roberto Alvarez, […]
The countries of the Global South, which include 133 countries in Asia, Africa, Latin America and the Middle East, will trade more actively with China in the next decade, the Boston Consulting Group (BCG) has stated in their latest report. They note that trade turnover between China and the Global South will grow by 5.9% […]
Subscribe to receive exclusive insights and analysis on Latin America.
Russia has resumed exporting beer to a number of countries, including Burkina Faso and Uruguay, in the first quarter of 2025. The Agriculture Ministry’s Agroexport center said that Russia shipped around 16 tonnes of beer to Burkina Faso for the first time since 2021. Russia also resumed shipments of around 21 tonnes of beer to […]
Ecuador is discussing the construction of the country’s first low-capacity nuclear power plant with Russia, while France and the United States are also in the running for its NPP construction contracts, according to Fabian Calero, the Ecuadorian Deputy Energy Minister. Calero said that Ecuador is currently working on a new law on nuclear energy and […]
The Russian auto manufacturer Sollers has begun the assembly of UAZ vehicles in Cuba, the company has stated. The project has been implemented by Sollers, UAZ distributor Echo-Export LLC, and with the Cuban company EISA. Modern assembly equipment has been installed at a factory located in the industrial zone of the Cuban capital Havana, and […]
Russia’s agricultural exports to Cuba grew by 20.1% in value during 2024, according to Russia’s Deputy Agriculture Minister Maxim Titov and the Cuban Deputy Agriculture Minister Telse Abdel Gonzalez Morera, who have been discussing bilateral agricultural trade. Agricultural trade between the two countries grew by 13.4%, meaning Russia’s exports to Cuba grew more than vice-versa. […]
Russia’s Pivot To Asia has just published their 2025 Guide to Latin America, a unique publication that includes details of Russia’s diplomatic, trade and investment engagement with Argentina, Bolivia, Brazil, the Caribbean, Cuba, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela. It is a complimentary download and can be accessed here. Russia’s involvement […]
Russian Foreign Minister Sergey Lavrov held discussions with the Prime Minister of Barbados, Mia Amor Mottley, on Friday (April 4), and discussed the possibilities of developing bilateral political dialogue, trade and economic ties. Barbados is the current chair of the Caribbean Community (CARICOM), a trade bloc that also includes Antigua and Barbuda, the Bahamas, Belize, […]
Русский
