Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in Russia

The purpose of the present research paper is to make a comprehensive analysis of the Russian foreign policy activities in terms of potential risks and possible consequences of termination, suspension of transnational companies’ activities for the Russian economy. The foreign policy of the Russian Fe...

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Main Authors: Fei Zhao, Orzhakhovskaya Irina, Orekhova Ludmila, Dymchenko Olga
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_08024.pdf
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author Fei Zhao
Orzhakhovskaya Irina
Orekhova Ludmila
Dymchenko Olga
author_facet Fei Zhao
Orzhakhovskaya Irina
Orekhova Ludmila
Dymchenko Olga
author_sort Fei Zhao
collection DOAJ
description The purpose of the present research paper is to make a comprehensive analysis of the Russian foreign policy activities in terms of potential risks and possible consequences of termination, suspension of transnational companies’ activities for the Russian economy. The foreign policy of the Russian Federation makes it possible to set due priorities, define proper formats and set the course for the entire foreign policy of the state, which undoubtedly requires proper organisational and legal institutionalisation. This is why exploring the operation of transnational companies in Russia is extremely important in the current geopolitical environment which is presently being formed with a focus on the sanctions-related pressure against our state on the part of unfriendly countries. The present essay considers the statistical data on foreign multinationals that have left Russia and the measures taken by the Russian government towards adaptation and designing a due economic policy course in the conditions of market economy. The research brought the authors to a substantiated conclusion that foreign policy activities are directly and closely connected with the work of transnational corporations; therefore, the competent internal policy of the Russian Federation will enable the society and corporate entities to adapt to the new realities and to pursue the desired foreign policy activities in the country’s interests, avoiding pressure from unfriendly countries.
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spelling doaj.art-b7d9729e13b74f479855eb01eff9ef7b2023-08-02T13:16:18ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014030802410.1051/e3sconf/202340308024e3sconf_escp2023_08024Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in RussiaFei Zhao0Orzhakhovskaya Irina1Orekhova Ludmila2Dymchenko Olga3Taganrog Institute of Management and EconomicsTaganrog Institute of Management and EconomicsDon State Technical UniversityDon State Technical UniversityThe purpose of the present research paper is to make a comprehensive analysis of the Russian foreign policy activities in terms of potential risks and possible consequences of termination, suspension of transnational companies’ activities for the Russian economy. The foreign policy of the Russian Federation makes it possible to set due priorities, define proper formats and set the course for the entire foreign policy of the state, which undoubtedly requires proper organisational and legal institutionalisation. This is why exploring the operation of transnational companies in Russia is extremely important in the current geopolitical environment which is presently being formed with a focus on the sanctions-related pressure against our state on the part of unfriendly countries. The present essay considers the statistical data on foreign multinationals that have left Russia and the measures taken by the Russian government towards adaptation and designing a due economic policy course in the conditions of market economy. The research brought the authors to a substantiated conclusion that foreign policy activities are directly and closely connected with the work of transnational corporations; therefore, the competent internal policy of the Russian Federation will enable the society and corporate entities to adapt to the new realities and to pursue the desired foreign policy activities in the country’s interests, avoiding pressure from unfriendly countries.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_08024.pdf
spellingShingle Fei Zhao
Orzhakhovskaya Irina
Orekhova Ludmila
Dymchenko Olga
Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in Russia
E3S Web of Conferences
title Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in Russia
title_full Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in Russia
title_fullStr Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in Russia
title_full_unstemmed Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in Russia
title_short Foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in Russia
title_sort foreign policy in the context of modern geopolitics and its impact on the work of transnational companies in russia
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_08024.pdf
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AT orekhovaludmila foreignpolicyinthecontextofmoderngeopoliticsanditsimpactontheworkoftransnationalcompaniesinrussia
AT dymchenkoolga foreignpolicyinthecontextofmoderngeopoliticsanditsimpactontheworkoftransnationalcompaniesinrussia