The impact of COVID-19 on trade relations between Russia and Spain: contributions from the Iberian country

Abstract

It is undeniable to note that the ties between countries, especially cultural, historical, economic and geopolitical, are rooted in the political foundations that have been laid between nations and countries throughout the process of shaping what today is known as international relations, a discipline that has become one of the most relevant for understanding the contemporary world. Starting from the premise that human groups, and hence the forms of their organization, permanently establish social links and interactions that constitute the dynamic substrate of all societies, it would be appropriate to analyze how they materialize in a specific bilateral sphere, for which a key aspect of mutual economic interests between the Russian Federation and Spain has been chosen. From an economic perspective and through the analysis of statistics on foreign trade of goods, foreign investment and trade barriers, this research will address the evolution of trade relations over the last five years, focusing on the international trade situation that has occurred since the global COVID-19 pandemic and created a multiplicity of opportunities and challenges for trade and investment between the two states in health sector.

Keywords

• russia
• spain
• trade relations
• health sector
• covid-19