Latin American Prospects for BRICS
... between the two nations saw its biggest growth between 2005 and 2015, but in recent years there has been a decline in Cuban–Chinese interaction. Although Cuba joined China’s Belt and Road Initiative in 2018, meaningful results have yet to materialize. Latin American countries account for one-third of Cuban foreign trade, with Brazil’s share at just 3.2%. The expansion of trade and economic relations with Russia has pushed its share in Cuba’s trade to 7%. Strengthening foreign economic relations is, therefore, a top priority for Cuba. Meanwhile, the main obstacle to this ...