A standoff between Ecuador and Russia over a proposed arms transfer to Ukraine last month foreshadows how global competition among great powers may play out in Latin America moving forward. If the region doesn’t learn from the episode, it will find itself vulnerable to much larger forms of economic coercion over the coming decade.
Though often seen as a region with marginal geopolitical leverage, Latin America is increasingly being targeted by Moscow’s influence campaigns. Those efforts are finding receptive audiences, due to a variety of factors. And countering Russian propaganda will not be easy, as doing so effectively requires a nuanced approach.
Paraguayan President Santiago Pena is attempting to market the country as a burgeoning destination for foreign investment. But weak rule of law and illicit enterprises continue to permeate Paraguay’s political institutions, threatening to set back Pena’s agenda, the country’s progress and wider regional security.
