Spain's foreign economic benchmarks

The article aims to analyze the economic interests of Spain in foreign markets in the context of geo-economic and geopolitical transformations. Madrid is making attempts to go beyond the economic framework of the European Union and is trying to expend relations with states of the Global South, including countries in Asia, Africa,  Latin America and the Caribbean (LCA). The Trump administration's policies have had a serious impact on Spain's foreign economic relations in the transatlantic vector;  moreover, the Iberian country also faces risks in the context of the rivalry between the US and China. The ratification of the agreement with Mercosur by EU members remains important for Spain, as such an agreement has the potential to expand trade and investment on both sides of the Atlantic. The author of the article comes to the conclusion that in conditions of uncertainty at the global level, Spain is objectively forced to diversify its sales markets and expand trade and economic cooperation with the countries of the Global South.