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.
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, […]
A Cuban delegation is in Moscow to discuss energy and other trade and investment issues pending a visit by the Cuban President, Miguel Diaz-Canel to Moscow in May. The delegation was headed by Esteban Laso Hernández, President of the National Assembly of People’s Power and the State Council of the Republic. He arrived in Russia […]
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In this unique guide, we showcase Russia’s diplomatic, trade and investment ties with a region where Russia’s influence is undoubtedly growing, and include Mexico as well as the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Russia’s involvement in Central America has been somewhat restricted due to distance, the […]
The Russian Ambassador to Mexico, Nikolay Sofinsky, has given an interview to TV BRICS concerning Russia’s current relations with Mexico. This included subjects such as bilateral development and trade details, BRICS, cultural exchanges and the potential for other Russian-Latin American trade. TV BRICS questions are prefixed as such, Nikolay Sofinsky’s responses are prefixed NS. Our […]
Venezuela has been working hard to join BRICS as a full member, with Caracas well aware of the growing role of the group on the world stage and attaching great importance to Venezuela-BRICS cooperation. However, significant political and diplomatic barriers need to be overcome by Caracas if it is to succeed. Most of this lies […]
The humble banana is a point of trade interest between Russia and Latin America’s Ecuador, with the south americans providing 16% of all bananas consumed in Russia. There have been some inconsistencies in product, leading to experts from Russia’s plant and animal health watchdog Rosselkhoznadzor to conduct an audit of Ecuador’s banana certification system in […]
Russia and Venezuela are celebrating their 80th year of diplomatic relations this year, with Russian Foreign Minister Sergey Lavrov giving comments on contemporary relations on Friday (March 14). This is an edited overview of what he had to say, concentrating on the trade and investment issues: Background “Today, Russian-Venezuelan relations are developing on a firm […]
Russia has stated it is open to reestablishing connections with the Organisation of American States (OAS) which it joined as an observer in 1992. Russia was suspended in April 2022 by the OAS Permanent Council, in moves lead by the United States. That decision was not multilateral with numerous Latin American countries voicing their disapproval. […]
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