Legal conditions for integration of regional companies in foreign economic activities

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.