Interregional and foreign economic relations' development in the Republic of Kalmykia

摘要

Foreign trade is considered one of the multifactorial conditions of economic development, including the increase of investment attractiveness of the region, and ultimately - the most important article of the budget replenishment. At the same time, foreign economic activity in the Republic of Kalmykia, although it is not a leading sector, can nevertheless become one, having significant prerequisites for this. Foreign economic cooperation of the region can and should create favorable conditions for the achievement of common strategic goals. International relations between the constituent entities of the Russian Federation contribute to the development of the regions themselves and to developing trust in the relations of the Russian Federation with foreign countries, promoting its integration into the world economy.