Russia and Latin America in the Context of Global Tension

632
DOI: 10.20542/0131-2227-2016-60-11-92-102

P. Yakovlev, Institute of Latin American Studies, Russian Academy of Sciences, 21/16, B. Ordynka, Moscow, 115035, Russian Federation; Plekhanov Russian University of Economics, 36, Stremyannyi Per., Moscow, 115054, Russian Federation (petrp.yakovlev@yandex.ru



Abstract

In recent years, the interaction of Russia with several Latin American countries is increasingly determined by the term of strategic partnership, which was enshrined in bilateral inter-State instruments to articulate a more mature and advanced Russian-Latin American cooperation. To date, this type of relationship characterizes the Russia’s link with Argentina, Brazil, Venezuela, Cuba, Nicaragua and Ecuador. At the global level, Russia and Latin American States are interested in improving and enhancing the effectiveness of the existing world orders in key areas of security, economic development, monetary and financial cooperation, stabilization of commodities, food and energy markets. The latter became especially relevant in 2014-2015, when there was a collapse in world prices of many products of Russian and Latin American exports.  Strategic partnership at its core, is a complex phenomenon, since it covers almost all the key areas of Russian-Latin American cooperation and is not circumstantial but sustained and lasting. The strength of this type of State-to-State relations is determined by a number of factors, but primarily, by the willingness of the parties to take into account the mutual interests and promote their advancement, the presence of active and effective mechanisms for cooperation. Based on the foregoing and formulating the essence of strategic partnerships very succinctly, it can be stated that it is intergovernmental cooperation, which without the hard Allied ligaments and uncomfortable mutual obligations provides partners the opportunity to merge. For Moscow, the formation of a strategic partnership with Latin America is an integral part of modern mega strategy, aimed at enhancing the quality of economic and political positions of Russia in the global world.


Keywords

global economy, geopolitics, international tensions, Russia, Latin America, strategic partnership 


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For citation:
Yakovlev P. Russia and Latin America in the Context of Global Tension. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2016, vol. 60, No 11, pp. 92-102. https://doi.org/10.20542/0131-2227-2016-60-11-92-102



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