ROLE OF FOREIGN ECONOMIC RELATIONS IN RUSSIA’S ECONOMIC DEVELOPMENT: REGIONAL ASPECT

Abstract: 

The article reviews the present-day trends of global economic development, forming under the influence of globalization. In this context, the development of Russia’s foreign economic strategy is considered as an element of the state program of economic modernization, as an opportunity of taking advantage of foreign economic relations at regional, bilateral and multilateral levels to increase national competitiveness.

Key words: 

globalization in economy, foreign economic relations, national economics, international competitiveness, WTO, the Eurasian Economic Community, SCO, economic integration.

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