The Potential of Russian Economy and Innovative Ways of its Development

In the article the authors analyzed the trends of Russia's integration into the world economy, explored the factors of influence that determine the position of the Russian Federation in the global economy, and considered the features of the development of foreign economic activity of Russia and its regions. Issues concerning regulation of foreign economic activity play a special role in the state's economy, matter how competently and efficiently it is implemented, taking into account modern trends of development of international trade depends on a country's integration into the world economy. In modern conditions of global competition, the further involvement of the Russian Federation as a full member of the international economic relations, preservation of positions in international economic and trade space, it is determined by the effectiveness of foreign economic policy, the success of which determines the actual state of the national economy.