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Foreign economic activity. Foreign trade policy of Russia (the most important)

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26. Foreign trade policy of Russia

Foreign trade policy of the state - this is the definition of a strategy and a set of various forms and means of state activity aimed at developing and regulating trade relations with other countries. In addition to the foreign trade policy of the state, the foreign trade policy of other subjects of international economic relations is also carried out. However, the role of the state in the field of foreign trade policy is essential. The foreign trade policy of the state is closely connected with the domestic economic policy, thus constituting the general economic policy of the state.

The foreign trade policy of the state is formed:

▪ from the strategy;

▪ a set of specific methods and means of implementing this strategy (tactical aspect of foreign trade policy).

The strategy of foreign trade policy consists in defining its goals and solving conceptual issues that are essential for the development and regulation of foreign trade.

Since 2000 Russia has entered a new stage of economic and political development. Some economic stabilization has been achieved and gradual economic growth has begun. Presidential Decree No. 10 of January 2000, 24 "On the National Security Concept of the Russian Federation" approved the National Security Concept of the Russian Federation, a new long-term concept of economic development was being developed, and a short-term action plan of the Government of the Russian Federation in the field of social policy and economic modernization was adopted. The Foreign Policy Concept of the Russian Federation presented by the Ministry of Foreign Affairs of the Russian Federation with a special section "International Economic Relations" has also been published. These documents contain a whole block of tasks related to the regulation of foreign economic policy, including foreign trade policy:

▪ development of Russia’s export potential, including improving its structure, increasing the degree of competitiveness and increasing the share of high-tech sciences;

▪ creation of a mechanism for state stimulation of exports and import substitution both at the micro level, through tax incentives for exporters and long-term preferential loans for the development of export production, and at the macro level - through the use of part of the income from export duties and the corresponding mechanism for the distribution of foreign loans and public investments;

▪ formation of a modern production, financial and economic infrastructure for foreign economic activity;

▪ creation of general favorable conditions for the integration of the Russian economy into the general system of world economic relations;

▪ expanding access of Russian goods and services to world markets;

▪ ensuring access to international resources of strategic importance for the economic development of the country (such as capital and technology, goods and services, the production of which is absent or limited in the Russian Federation);

▪ an effective level of protection for the domestic market and domestic producers in the context of further liberalization of foreign trade;

▪ increasing the efficiency of government support for the export of high value-added products, including export subsidies and other forms of support for exporters.

The Government of the Russian Federation confirms the need to complete negotiations on Russia's accession to the World Trade Organization (WTO).

Russia should participate on an equal footing in a new round of multilateral negotiations and the development of its decisions in order to eliminate discrimination against Russian goods on the world market.

The main task of the foreign trade policy of any state is to provide favorable conditions for efficient business in the field of foreign trade.

The Government of the Russian Federation intends to bring the country's legislation in line with WTO requirements, including dispute resolution procedures and the procedure for applying non-tariff restrictions and protective measures.

Author: Bobkova O.V.

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