Preview

Proceedings of the Southwest State University. Series: Economics. Sociology. Management

Advanced search

The Influence of political factors on the nature of trade cooperation between Russia and Argentina in modern conditions

https://doi.org/10.21869/2223-1552-2025-15-1-10-27

Abstract

Relevance. During the 21st century, Argentina and Russia demonstrated pragmatic cooperation, as indeed Russia acted in relation to all LACB countries. The Russian government did not overestimate the importance of strategic cooperation with the Government of Argentina, as it understood the likelihood of a fundamental change in the country's course depending on the governing party and leader, thereby realizing the exposure of Russian-Argentine relations to political risk.
The situation has changed due to the election of a new pro-American president of Argentina, but Russia is not seeking to curtail bilateral trade relations.
The purpose is to analyze the dynamics of the impact of Argentina's political development on bilateral trade between the Russian Federation and Argentina.
Objectives: to assess the transformation of Argentina's political course and the dynamics of bilateral cooperation between Russia and Argentina in the trade and economic sphere; to analyze the statistical indicators of cooperation between Argentina and Russia within the framework of the BRICS.
Methodology. The analysis of static data on trade between Russia and Argentina, as well as the BRICS countries with Argentina, presented by the OEC (The Observatory of Economic Complexity), RusTrade, and Trademark, allowing us to assess the indicators of trade balance, exports / imports between the countries.
Results. An analysis of Argentina's economic cooperation with the BRICS countries showed a strengthening of trade ties with Russia, especially in the fields of energy and agriculture. However, the breakthrough in trade with Argentina within the framework of the BRICS was achieved at the expense of India and China, which have become important partners of the country in trade in general. The dynamics of bilateral Russian-Argentine trade is characterized by ups and downs depending on the chosen political vectors of Argentina's development.
Conclusions. The victory of opposition candidate Javier Miley in the Argentine presidential election will test the strength of relations between Moscow and Buenos Aires, but it is obvious that further active cooperation based on pragmatism and constructivism is beneficial for both Russia and Argentina.

About the Authors

V. M. Kuzmina
Southwest State University
Russian Federation

Violetta M. Kuzmina, Candidate of Sciences (History), Associate Professor of the Department of International Relations and Public Administration

50 Let Oktyabrya Str. 94, Kursk 305040, Russian Federation



A. M. Laricheva
Southwest State University
Russian Federation

Alina M. Laricheva, Student of the Department of International Relations and Public Administratio 

50 Let Oktyabrya Str. 94, Kursk 305040, Russian Federation



References

1. Simonof A. Presentation of the Annual Foreign Policy Reports of the Armenian government: the zenith of management? (March 2022 ‒ March 2023). Institute of International Relations-ales. (In Spanish) Available at: https://www.iri.edu.ar/index.php/2023/09/29/31817/ (accessed 10.11.2024).

2. Quispe Y. In times of crisis, leaders do not create dams, but bridges. Vedomosti. (In Russ.) Available at: https://www.vedomosti.ru/opinion/columns/2022/09/08/939779-vperiodkrizisa-sozdayut-mosti (accessed 10.11.2024).

3. Yakovleva N.M., Yakovlev P.P. Russia – Argentina: History and Modernity. Moscow: Institut Latinskoi Ameriki; 2017. 115 p. (In Russ.)

4. Gritsenko I.A. Russia and Argentina: successes and difficulties of cooperation in difficult conditions. Latinskaya Amerika = Latin America. 2022;(12):64-79. (In Russ.)

5. Dyakova V.V. Russia – Argentina: the state of foreign economic cooperation and prospects for its expansion in the context of the current crisis. Rossiiskii vneshne-ekonomicheskii vestnik = Russian Foreign Economic Bulletin. 2023;(5):101‒108. (In Russ.)

6. Galea G.J. Evolution of foreign relations between Argentina and Russia. Academia. (In Spanish) Available at: https://www.academia.edu/31931752/Evolución_de_las_relaciones_exteriores_entre_Argentina_y_Rusia (accessed 23.11.2024).

7. Galea G. J. Evolution of Foreign Relations between the Argentine Republic and the Federation of Russia. Academia. (In Spanish) Available at: https://www.academia.edu/31369078/Evolución_de_las_Relaciones_Exteriores_entre_la_República_Argentina_y_la_Federación_de_Rusia_Lic_Galea (accessed 23.11.2024).

8. Torus M. Parliamentary relations between the Argentine Republic and the Russian Federation (2016-2018). Academia. (In Spanish) Available at: https://www.academia.edu/41364166/Relaciones_parlamentarias_entre_la_República_Argentina_y_la_Federación_Rusa_2016_2018_ (accessed 23.11.2024).

9. Pyatakov A. Russia ‒ Latin America in the XXI Century: Difficulties and Contradictions of Convergence. Russie. Nei. Visions. 2020;(119):1‒39. (In Russ.)

10. Argentina said it had never supported sanctions against Russia. RIA News. (In Russ.) Available at: https://ria.ru/20180914/1528575534.html (accessed 25.11.2024).

11. The head of the Argentine Foreign Ministry confirmed that the country is not going to impose sanctions against Russia. TASS. (In Russ.) Available at: https://tass.ru/mezhdunarodnaya-panorama/14457109 (accessed 25.11.2024).

12. Argentina did not support the exclusion of Russia from international organizations. (In Russ.) Available at: https://news.ru/world/argentina-ne-podderzhala-isklyuchenie-rossii-izmezhdunarodnyh-organizacij/ (accessed 23.11.2024).

13. Gustavo de Souza, Naiyuan Hu, Haishi Li, Yuan Mei. (Trade) War and peace: How to impose international trade sanctions. Journal of Monetary Economics. 2024;146:103572.

14. Shen Y., Feng Q., Sun X. Stability and risk contagion in the global sovereign CDS market under Russia-Ukraine conflict. The North American Journal of Economics and Finance. 2024;74:102204. https://doi.org/10.1016/j.najef.2024.102204

15. Action Plan for the Development of a Comprehensive Strategic Partnership between the Russian Federation and the Argentine Republic. Ministry of Foreign Affairs of the Russian Federation. (In Russ.) Available at: https://www.mid.ru/tv/?id=1512628&lang=ru (accessed 28.11.2024).

16. Trade map. Available at: https://www.trademap.org/Bilateral_TS.aspx?nvpm=5%7c%7c5880%7c032%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c1%7c2%7c1%7c1%7c1%7c1%7c1 (accessed 10.11.2024).

17. Trade and Politics: Argentina Must Decide Whether to Join the BRICS Bloc – 2023. InoSMI. (In Russ.) Available at: 1https://inosmi.ru/20231224/argentina267193238.html (accessed 10.11.2024).

18. Yakovleva N.M., Yakovlev P.P. The Argentine precedent: the economic crisis has defined a new leadership. Perspektivy. Elektronnyi zhurnal = Perspectives. Electronic Journal. 2023;(4):38‒54. (In Russ.)

19. Argentina has taken a time-out on the issue of joining the BRICS, Lavrov said. RIA News. (In Russ.) Available at: https://ria.ru/20231226/lavrov-1918136560.html (accessed 17.11.2024).

20. Trade between Russia and Argentina in 2021. (In Russ.) Available at: https://russiantrade.com/reports-and-reviews/2022-02/torgovlya-mezhdu-rossiey-i-argentinoy-v-2021-g/ (accessed 17.11.2024).

21. Santiago Cafiero condemned Russia's invasion of Ukraine and called for “the cessation of the use of force.” (In Spanish) Available at: https://tn.com.ar/politica/2022/02/28/santiago-cafiero-condeno-la-invasion-de-rusia-a-ucrania-y-reitero-el-cese-en-el-uso-de-la-fuerza/ (accessed 10.11.2024).

22. Santiago Cafiero defended before the Senate the Argentine position in the UkraineRussia war. (In Spanish) Available at: https://www.minutouno.com/politica/guerra-ucraniarusia/santiago-cafiero-defendio-el-senado-la-posicion-argentina-la-n5426553 (accessed 10.11.2024).

23. Russia / Argentina. Available at: https://oec.world/en/profile/bilateral-country/rus/partner/arg (accessed 17.11.2024).

24. Argentina is not going to break off relations with China, Brazil and Russia. RIA News. (In Russ.) Available at: https://ria.ru/20231123/argentina-1911219347.html (accessed 10.11.2024).

25. Xavier Vinicio Gonzales. Which Latin American countries are ready to cooperate with Russia in the context of economic sanctions? Russian International Affairs Council. (In Russ.) Available at: https://russiancouncil.ru/analytics1and-comments/analytics/kakie-strany-latinskoyameriki-gotovy-sotrudnichat-s1rossiey-v-usloviyakh-ekonomicheskikh-sanktsiy/ (accessed 05.11.2024).

26. How Latin America Will Help Russia Overcome Sanctions – 2022. Octagon.Media. (In Russ.) Available at: https://octagon.media/ekonomika/kak_latinskaya_amerika_pomozhet_rossii_preodolet_sankcii.html (accessed 05.11.2024).


Review

For citations:


Kuzmina V.M., Laricheva A.M. The Influence of political factors on the nature of trade cooperation between Russia and Argentina in modern conditions. Proceedings of the Southwest State University. Series: Economics. Sociology. Management. 2025;15(1):10-27. (In Russ.) https://doi.org/10.21869/2223-1552-2025-15-1-10-27

Views: 142


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2223-1552 (Print)