The article deals with the key issues of political and economic relations between Ecuador and Russia. It is emphasized that for Russia the countries of Latin America today are a strategic foreign policy vector, and for Ecuador the Russian market is of particular interest in connection with the strategy of expanding foreign trade as the main factor in the development of the national economy. The problems that hinder the more active development of Russian-Ecuadorian relations are noted, namely: socio-political instability in Ecuador, the growth of influence in the United States, the situation associated with anti-Russian sanctions, serious problems in supply chains, the consequences of the Covid-2019 pandemic. The author concludes that to expand Russian-Ecuadorian cooperation, it is necessary to increase the initiative of the parties, the absence of political conjuncture, the search for effective ways to solve logistical problems, and the stabilization of the political situation in Ecuador.