Transformation of International Business in Terms of Trade and Financial Relations’ Simplification

Elena Vyacheslavovna ZENKINA, Valery Maksimovich TUMIN and Petr Aleksandrovich KOSTROMIN

Russian State University for the Humanities, Russian Federation

Moscow Polytechnic University, Russian Federation

Abstract

Globalization of economy and business terms’ activity create new conditions for business implementation in the world market. To lead the company to global leadership it is necessary to provide long-term competitiveness and the corresponding business scale. Now simplification of trade procedures is one of the most important components of ensuring competitiveness.

Keywords: Globalization, Trade Procedures’ Simplification.
Shares