Legal Conditions for Integration of Regional Companies in Foreign Economic Activities

Alexey Dashin (), Igor Petrov (), Elena Simatova () and Olga Shapoval ()
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Alexey Dashin: Southern Institute of Management
Igor Petrov: Southern Institute of Management
Elena Simatova: Southern Institute of Management
Olga Shapoval: Southern Institute of Management

A chapter in Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management, 2017, pp 113-127 from Springer

Abstract: Abstract The modern realities of business community development are such that the integration of regional companies in foreign economic activities is impossible without adequate legal regulation of the relevant processes. Development of international private law relations requires a universal legislative framework that allows solving all aspects of any commercial contract in order to protect the rights and lawful interests of its participants. However, the analysis of the modern Russian civil legislation showed that, in addition to the contradictions, both internal and external, in the aspect ratio with the legislation of foreign states, it has some significant gaps. The lack of uniform and universal definitions and legal structures leads to uncertainty of use and the problems associated with the registration of rights and protection and is discussed in this chapter.

Keywords: Foreign trade; International commercial contracts; Legal regulation; Sources of law; Legal custom (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-60696-5_14

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DOI: 10.1007/978-3-319-60696-5_14

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