Foreign economic relations: features of international relations

Foreign economic relations, which are the result of the division of labor on a global scale, represent a complex set of diverse forms, means, directions and methods of interstate exchange of material, financial and intellectual resources. This is perhaps the most difficult sphere of economic activity in any country.

From this it follows that the active regulation of this type of international relations by the state is necessary not only to observe foreign economic interests and achieve political goals, but also to create and maintain the image of the country on the world stage. Foreign economic relations are defined and regulated by the corresponding policy of the state, which, as a rule, is directly dependent on the state of industrial production, balance of payments and natural resources that the state has.

The most important areas and levers of state control of trade international relations should include currency and export-import regulations, legal and legislative norms for conducting various operations in the field of international trade. The main coordinating and governing body in this area of interstate activities is the Ministry of Foreign Economic Relations.

A decisive role in the improvement and dynamic development of international trade relations belongs to the economic infrastructure of the country, the subtleties of its economic specialization and the historically formed specific production skills of the population. Today, scientific achievements and technological progress have an increasing impact on foreign economic relations and their nature, which also contribute to a significant deepening of the divide that separates technologically highly developed states and the rest of the world.

The geopolitical position of the Russian state as a result of the collapse of the Soviet Union has undergone significant changes, and one can even say: somewhat complicated. Foreign economic relations of Russia with the developed countries of the Western world became more complicated and ambiguous. And there are several reasons for this. Mainly, a negative role was played by numerous unprepared and undirected to the interests of the Russian producers, whose entry into the international arena did not contribute to the expansion and development of trade and economic relations with Western countries.

Also, Russia's foreign economic ties and the prestige of the country itself have greatly shaken the weakening of total state control over the conduct of export operations in the 1990s, resulting in a chaotic speculative nature. All this took place against the backdrop of the unprecedented plundering of national natural and other resources, the flooding of the domestic market with substandard products from dubious foreign producers and huge flows of foreign exchange funds flowing into a variety of off-shores.

This could not but damage the reputation of the country as a reliable, solid and rich business partner. But now the situation has improved significantly. There has been a pronounced trend towards progress in foreign economic relations. International trade and economic activity has become more open, orderly and legitimized. In accordance with the provisions of the Constitution of the Russian Federation, all subjects of the Federation, as well as some large domestic corporations have the right to conduct foreign economic operations.