Page 159

Frunzensky district court

3 Kurskaya str., St. Petersburg, 192007

275-2787

5. FOREIGN ECONOMIC RELATIONS 5. FOREIGN ECONOMIC RELATIONS 5.1. Foreign trade activities On a national scale, foreign economic activity is an important factor for the country's financial stabilization. Revenues from foreign economic activity (customs fees, VAT, excise duties, non-tax revenues) constitute a significant part of the budget. Relations between the Russian Federation and foreign states in area of external trade activity are based on the observance of universally accepted principles and norms of international law and obligations originated from international agreements concluded by Russia. At present the commercial policy of the Russian Federation is carried out by means of customs and tariff regulation (export and import custom duties) and non-tariff regulation (in particular, by giving quotas and licensing) of external economic activity. Other methods of state regulation of the external trade activity are regarded as interruption and establishing different restrictions by state bodies and not allowed. Export and import are carried out without quantitative restrictions. Quantitative restrictions are entered for special purposes: provision of 166

Business.support.structure.in.St.Petersburg  
Business.support.structure.in.St.Petersburg  

1. STATE AND MUNICIPAL AUTHORITIES IN ST. PETERSBURG In St. Petersburg the system of state authorities was formed which has statutory object...

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