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LEX RUSSICA (Russian Law)
Reference:

Shakhnazarov, B.A. The WTO and modernization of the legal regulation of foreign economic activities in the Russian Federation

Abstract: The article is devoted to the issues of improvement of legal regulation of the foreign economic activities in the Russian Federation, considering its membership in the WTO. The article includes analysis of the key conditions for Russian Federation in the WTO in the different spheres of its economy, such as metallurgy, agriculture, natural resources, car industry, and services, copyright. The author also evaluates various spheres of Russian legislation, where the amendments took place during the negotiations on Russia entering the WTO. The important role of the principles of WTO, such as national regime and freedom of international transit, are noted. Special attention is paid to the correlation of the norms of the Customs Union with the WTO law. The author analyzed the nature of legal norms of the Customs Union and other trade agreements, including the WTO agreements, and he makes the conclusion on the international legal character of the latter ones, which in the point of view of the author, may provide for the possibility of their direct application under part 4 of the Art. 15 of the Constitution of the Russian Federation and the formation of the relevant legal systems.


Keywords:

jurisprudence, the WTO law, the WTO principles, the international transit, the foreign economic activity, foreign trade, the GATT, the conditions for joining, obligations, the Customs Union.


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