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Current state and prospects for trade and economic cooperation between Latin America and the countries of the Middle East

Author

Listed:
  • Valentina Valerievna DIAKOVA

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Mariia Dmitrievna SEMENOVA

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

The Middle East and Latin America are among the key players in the changing world order. Despite the geographical location and other difficulties indicated in the SWOT analysis conducted by the authors, this cooperation seems to be mutually beneficial and promising. The article presents the dynamics of trade turnover between Iran and Turkey with their main trading partners in Latin America, and also highlights the commodity content of exports and imports. The authors pay special attention to investment cooperation from the Middle East countries directed to Latin American countries.

Suggested Citation

  • Valentina Valerievna DIAKOVA & Mariia Dmitrievna SEMENOVA, 2024. "Current state and prospects for trade and economic cooperation between Latin America and the countries of the Middle East," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 5, pages 121-133, May.
    • Handle: RePEc:alq:rufejo:rfej_2024_05_121-133
    DOI: 10.24412/2072-8042-2024-5-121-133
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    More about this item

    Keywords

    export; import; foreign trade; investments; Turkey; Iran; Brazil; Middle East; Latin America;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General

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