The article focuses on the current state of Spanish-Latin American trade and economic ties and assesses prospects for their development. The author explores the impact of the global financial and commodity crises in order to create a complete picture of the legal framework of economic interaction, key indicators on trade and investment performance between Ibero-American countries. A hallmark of Spain among other EU countries is a privileged position not only in terms of culture, but also in the contractual aspect within Ibero-America. This in turn has become one of the main drivers for sustainable Spanish-Latin American investment cooperation where the Ibero-American transnational corporations play a key role. Ex-amples of the internationalization and cooperation of these companies are given and special emphasis is put on changes in the patterns of investment flows within the Ibero-American space. The leading role of invest-ment in Spanish-Latin American trade and economic relations and the major trade challenges are identified.
CITATION STYLE
Nikulin, K. (2020). Trade and Economic Partnership between Spain and Latin America. Sovremennaya Evropa, (3), 170–180. https://doi.org/10.15211/soveurope32020170180
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