New platform of foreign economic activity — renovation in Russia

Abstract

The article is devoted to foreign economic activity of the Russian Federation and the international trade relations of the subjects of the Russian Federation. Authors notice that foreign economic activity is basically the business of large regions, cities, and companies, and the commodity structure of exports consists of agricultural and mineral raw materials, fuel and energy products, wood, and metals that stimulate economic development and job creation abroad. A new legislative platform of foreign economic activity for business as an immediate renovation in Russia is necessary.