Global Fragmentation Phenomenon: New Imperatives of the Transcontinental Cooperation for Eurasia and Latin America

The article analyzes current state of the global economy and the emerging phenomenon of global fragmentation amid the formation of new regional centers of economic growth. Particular attention is paid to the intercontinental cooperation of the countries of Latin America and the Caribbean (LAC) with Eurasia, primarily with the member states of the Eurasian Economic Union (EAEU). The influence of the Western countries’ sanctions on the development of integration processes in the EAEU and Latin America is studied, whereas potential areas for increasing cooperation axis EAEU-Latin America are highlighted.