Public organizations promoting the development of foreign economic activity in the Russian Federation

To increase the domestic and international competitiveness of Russian business, a set of systematic measures is needed to attract long-term investments, effectively use intangible capital, introduce innovative technologies and business solutions, protect intellectual property and services, and develop and market innovative products. The activities of state and non-state public organizations should provide businesses with maximum opportunities for favorable development and effective growth when entering global markets. Only competitive companies that are potentially ready to operate on the global market in accordance with international standards will be able to take advantage of these opportunities. The article is devoted to determining the importance of public organizations contributing to the development of foreign economic activity in the Russian Federation, it analyzes the regulatory framework in the aspect of this topic, defines the goals and objectives of chambers of commerce and industry. Conclusions are drawn and recommendations are given related to the prospects for the development of foreign economic activity of the Russian Federation.