Latin America and Russia on the course of mutual contingence under conditions of global economic crisis

The basic goal this article is to reveal objective opportunities of establishing mutually advantageous cooperation between Russia and Latin American countries. The following conclusions have been made: • The development of the Latin America is rather specific. Having survived the extremely deep crisis over the latest decades, this region (unlike other world regions, countries, and states) managed to display considerable social and economic progress, • Geo-policy prevails in the interrelations of Russia and Latin American countries. Thereby it creates basis for the potential related to the growth of the mutually advantageous social and economic interrelations, • Social and economic relations of Russia and Latin American countries can be considered as an alternative of the Russian and North American relations that are now at the stage of stagnation, and • Practical application of the results of this work will allow to re-consider the challenges and opportunities related to the development of interrelations between Russia and Latin American countries.