DEVELOPMENT OF FOREIGN TRADE ACTIVITIES AND ENSURING ECONOMIC SECURITY OF THE RUSSIAN FEDERATION

Author(s): Karpukhina O.M.

Rubric: Economy

DOI: 10.21777/2587-554X-2020-3-13-19

Release: 2020-3 (34)

Pages: 13-19

Keywords: economic security, foreign trade, threats to economic security, exports, imports, globalization, digital economy

Annotation: The purpose of the article is to identify the main areas of improving economic security in the sphere of foreign trade activities of the Russian Federation. The article reveals the main strategic ways to promote international cooperation and highly effective provision of foreign economic activity. The main directions of improving economic security include: improving the competitiveness of the national economy; ensuring export security against external threats and risks; providing conditions for realization of national, production, industrial and foreign trade priorities of the country; the formation of a system of foreign trade security in the digital economy. A brief analysis of statistical data characterizing the foreign trade policy of the Russian Federation and its integration into the world economy was carried out. Political and economic trends in the development of foreign economic relations have been identified, which have both highly effective “growth points” and ineffective ones. In general, the problem of reducing Russian exports remains, since an increase in foreign trade turnover is not accompanied by a similar increase in revenue due to capital leakage. Current issues related to the impact of the pandemic on economic security and the reorientation of several exports to new markets are being considered. The article concludes that the establishment of business and trade activity of our state through the customs industry will help to defeat the coronacrisis and reach new frontiers of economic development.

Bibliography: Karpukhina O.M. DEVELOPMENT OF FOREIGN TRADE ACTIVITIES AND ENSURING ECONOMIC SECURITY OF THE RUSSIAN FEDERATION // Economics and Management. – 2020. – № 3 (34). – С. 13-19. doi: 10.21777/2587-554X-2020-3-13-19