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Relationship with Russia: A Dangerous Friendship


Although Russia and Mexico have had diplomatic and business relations since 1945, exports between the 2 nations are scarce. For 2016, the annual commerce between the 2 was equal to the worth of the products that cross the border between Mexico and the USA each 31 hours, the truth is Mexico has a larger business alternate with Guatemala than with Russia.

Confronted with the commerce struggle concerned within the worldwide coverage of former President Trump, the fixed threats to extend tariffs on metal and aluminum by as much as 25%, in case of not stopping the transit of migrants throughout the border, Mexico has sought broaden its business horizon to China and Russia. The truth is, former President Peña Nieto would have met with Vladimir Putin in 2017, so as to enhance financial relations. A brief time later, Luis Videgaray traveled to Moscow to satisfy with his then counterpart Sergei Lavrov.

The Russian oil firm Lukoil, in 2017 received the Spherical Two tender to discover a subject in shallow waters, and some days in the past the Nationwide Hydrocarbons Fee accredited the Lukoil Upstream México firm, the 2021 Work Program.

It appears that evidently within the case of the present administration, the targets may very well be the identical because the earlier one, round strengthening the bilateral relationship and growing the commerce stability.

In February 2019, simply over a month after Andrés Manuel López Obrador assumed the presidency, a Russian delegation visited San Lázaro, some legislators mentioned they had been honored by the presence of such a distinguished delegation.

The Russian delegation was led by Senator Alexander Babakov, chairman of the Overseas Affairs Committee of the Council of the Russian Federation, additionally a consultant of the kleptocracy that has made the nation one of the vital corrupt on the earth. His title seems within the “Panama Papers” scandal as a beneficiary of illicit enrichment schemes in Ukraine, via an organization referred to as VS Vitality, of which Babakov had 100% of the shares till 2011, the 12 months by which the corporate was acquired by a brand new proprietor, his 23 12 months outdated daughter. Babakov’s title is recorded in paperwork of the USA Division of the Treasury. The United Russia Social gathering member is believed to be an important participant in funding Marine Le Pen’s Nationwide Entrance.

There could be one other distinguished member of the Russian delegation that visited Mexico in February 2019, the consultant of the corporate Bureau Legint. The director of operations of mentioned firm, which might have been based in 2018, is Víctor Boyarkin, a former spy and suspected arms seller. US investigators counsel that the factor served as a hinge between Paul Manafort, Trump’s former marketing campaign supervisor, who would have been arrested for fraud associated to his companies as a marketing consultant in Ukraine, (whom, by the best way, the previous president pardoned final December) and the Russian oligarch Oleg Deripaska, one among Vladimir Putin’s essential allies.


Russia wants Latin America as a bargaining chip within the face of US sanctions and Mexico is a really fascinating nation on the geopolitical chessboard.

The democratic transition in Venezuela goes via a negotiation between Sergei Lavrov and the now Secretary of State of the USA, Antony Blinken. Venezuela has been used as a foreign money of alternate between the 2 nations, and continues for use for that function.

In March 2020, Rosneft, the Russian oil firm, introduced the sale of its belongings to a brand new firm owned by the Russian state, the transfer might be made to bypass US sanctions and proceed to help Nicolás Maduro.

Putin doesn’t depart Venezuela for a easy motive, it’s his strongest card within the face of attainable negotiations with the USA. However what would occur if as a substitute of 1 card, Russia now has two and the strongest card turns into one of the vital necessary buying and selling companions of its historic enemy? , that ace up his sleeve, Mexico, his neighbor to the South.

About the author

Donna Miller

Donna is one of the oldest contributors of Gruntstuff and she has a unique perspective with regards to Science which makes her write news from the Science field. She aims to empower the readers with the delivery of apt factual analysis of various news pieces from Science. Donna has 3.5 years of experience in news-based content creation, and she is now an expert at it. She loves journalism, and that is the reason, she moved from a web content writer to a News writer, and she is loving it. She is a fun-loving woman who has very good connections with every team member. She makes the working environment cheerful which improves the team’s work productivity.

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