Political and economic aspects of Russia's role in international trade

V. A. Galanov ()

International Trade and Trade Policy, issue 4

Abstract: The problems of Russia's participation in the international division of labor and international trade from the standpoint of its place and role in the modern world are analyzed. The country can ensure its economic growth through the development of international trade and take its rightful place in the modern political world without regard to its military power. Political alliances are usually based on a mutually beneficial international trade. Russian inclusion in the international division of labor means that its economy may already be self-sufficient. Therefore, further economic progress will be largely determined by not only national efforts but also by the global economic situation. Modern political confrontation between Russia and the United States has a negative impact on international trade and is an internal reason for the lack of significant economic growth in the world economy and the developed countries as a whole. The international trade brings people divided into nations, languages, religions together. This function of the international trade is growing with the development of the Internet, and it is the basis of future solutions to existing political conflicts between countries.

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