Foreign Economic Activity of Russian Regions: Problems and Prospects of Development
The article characterizes the reasons according to which the governments of Western states are implementing a sanctions policy against the Russian Federation. The consequences of such actions are described, when, on the one hand, some countries benefit economically due to unscrupulous competition in the market, while others, on the contrary, are infringed on their rights and incur economically unreasonable costs, which affects both the pace of economic growth and the socio-economic development of the country. The article analyzes the foreign economic activity of the subjects of the Russian Federation in the context of export-import operations with the countries of the near and far abroad. By calculating the export and import quotas, the regions of Russia are determined, which largely depend on foreign trade with foreign countries, which makes them quite unstable in their economic development in the event of an increase in the sanctions policy of the West. As a result of the conducted research, the author concludes that the inevitable strategic turn of the Russian Federation in the direction of the Asia-Pacific region.