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Foreign economic activity. Powers of the Ministry of Economic Development of Russia in the field of foreign economic activity (the most important)

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83. Powers of the Ministry of Economic Development of Russia in the field of foreign economic activity

By the Decree of the President of the Russian Federation "On the system and structure of federal executive bodies" (as amended and supplemented on December 23, 2005), the Ministry of Trade of the Russian Federation and the Ministry of Economy of the Russian Federation were abolished, and their functions were transferred to the newly formed Ministry of Economic Development and Trade of the Russian Federation ( Ministry of Economic Development of Russia). Part of the functions of the abolished Russian Federal Service for Currency and Export Control were transferred to the same ministry.

Decree of the Government of the Russian Federation of August 27, 2004 No. 443 "On approval of the Regulations on the Ministry of Economic Development and Trade of the Russian Federation" (as amended and supplemented on May 20, 2005) approved the Regulations on the Ministry of Economic Development and Trade of the Russian Federation. In accordance with it, the Ministry of Economic Development of Russia in the field of foreign economic activity carries out:

▪ functions of the national coordinating bureau for the use of consulting and technical assistance from the European Union;

▪ coordination of the activities of federal executive authorities to attract foreign direct investment into the economy of the Russian Federation;

▪ formation of a draft state defense order;

▪ conducting investigations prior to the introduction of special protective, anti-dumping or countervailing measures in relation to the import of goods, preparing and submitting, in the prescribed manner, proposals on the advisability of introducing, applying, revising or canceling these measures;

management of the activities of trade missions of the Russian Federation in foreign countries, as well as, together with the Ministry of Foreign Affairs of the Russian Federation - management of the activities of the trade and economic departments of the embassies of the Russian Federation;

▪ issuing licenses and other permits for export-import operations with certain types of goods, passports for barter transactions, as well as the formation and maintenance of a federal bank of issued licenses;

▪ generalizes the practice of applying the legislation of the Russian Federation and analyzes the implementation of state policy in the field of foreign economic activity;

▪ interaction in the prescribed manner with government authorities of foreign states and international organizations in the field of foreign economic activity;

▪ sends, in the prescribed manner, its representatives to the permanent missions of Russia to international organizations and the European Union and exercises operational management of the activities of these representatives.

Ministry of Economic Development and Trade of the Russian Federation in order to exercise powers in the field of foreign economic activity has the right to:

1) to request and receive, in accordance with the established procedure, the information necessary for making decisions on issues within the competence of the Ministry;

2) exercise control over the activities of the territorial bodies of the Ministry;

3) to involve, in the prescribed manner, for the study of issues related to the field of activity of the Ministry, scientific and other organizations, scientists and specialists;

4) create coordinating and advisory bodies (councils, commissions, groups, colleges), including interdepartmental ones, in the established field of activity;

5) to establish, in accordance with the established procedure, print media for the publication of regulatory legal acts in the field of foreign economic activity, official announcements, placement of other materials on issues within the competence of the Ministry, subordinate federal service and federal agencies.

The competence of the Ministry of Economic Development of Russia includes lending issues. Control over the provision and repayment of state loans, provision of guarantees and insurance of export credits and export of Russian goods and services, as well as settlement of debt problems of the CIS member states to the Russian Federation.

The Ministry of Economic Development of Russia is the main organization in relations with the World Trade Organization and other international economic organizations.

Author: Bobkova O.V.

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