PROBLEM OF TRADE AND INVESTMENT COOPERATION BETWEEN RUSSIA AND SPAIN IN TERMS OF SANCTIONS
https://doi.org/10.46272/2409-3416-2017-1-7-11
Abstract
Mutual trade restrictions between Russia and the countries of the West have contributed to a sharp (about 40 %) reduction in the Russian-Spanish trade. For Spain, which has not yet overcome the structural consequences of the 2008-2009 crisis (the debt problem, high unemployment, the precariousness of the real estate market), promotion of external relations is one of the main factors of economic growth. Spain is among the top ten global investors. Its legislation stimulates the export of capital. Partial compensation of its losses in the Russian market can be the delocalization of production - the direct investment of Spanish companies. In Russia operate such leading Spanish companies as Iberdrola, Gestamp, the bank BBVA. For its part, Spain has simplified the industries.
About the Author
Agnessa Avilova
Institute of World Economy and International Relations RAS
Russian Federation
Russian Federation
References
1. Sanches Andres A., de Pedro N. Spain and the European Union - Russia conflict: the impact of the sanctions. Notes Interrnacionals CIDOB, 108, February 2015
Review
For citations:
Avilova A. PROBLEM OF TRADE AND INVESTMENT COOPERATION BETWEEN RUSSIA AND SPAIN IN TERMS OF SANCTIONS. Cuadernos Iberoamericanos. 2017;(1):7-11. (In Russ.) https://doi.org/10.46272/2409-3416-2017-1-7-11
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