Russia — Brazil: approval of the strategic partnership

Abstract

The article examines the state and prospects for the development of trade and economic cooperation between Russia and Brazil. The investment component of bilateral economic relations and military-technical cooperation are considered. Quantitative indicators on the volumes and dynamics of bilateral foreign trade turnover, the structure of trade operations are given. The emphasis is placed on the strategic partnership and technological alliance of the two countries declared at the interstate level. The reasons hindering the development of bilateral cooperation are analyzed. The areas where cooperation would contribute to the creation of technological alliances are highlighted. The peculiarities of Brazil`s foreign trade policy are studied, including in relation to Russian products imported by the country. In comparative terms, the main economic indicators of the two countries are given. In conclusion, the views aimed at strengthening and expanding Russian-Brazilian economic relations are expressed. The relevance of the topic is due to the approved in 2018 the national project «International cooperation and Export», aimed at increasing Russian non-primary non-energy exports.