FOREIGN TRADE RELATIONS IN AZERBAIJAN AT THE LEVEL OF MODERN REQUIREMENTS
DOI:
https://doi.org/10.38064/eurssh.317Keywords:
foreign trade relations, finance, competition, government revenues, fiscal and tax policy, world economy, investmentAbstract
The expansion of trade relations with foreign countries gives impetus to its worthy place among the economically developed countries. Each state seeks to increase its power and expand its activities in this direction by establishing trade relations with other states. Azerbaijan's foreign economic relations, in accordance with the new market rules, require the establishment of trade and economic relations with many countries, freedom of access to foreign markets and the possibility of integration into the world economy at the level of modern requirements. Here, mainly by studying the issues of expanding foreign trade relations of the Republic of Azerbaijan, I tried to make suggestions and recommendations on the existing problems in this area. Despite the amount of research, many problems remain. Given the urgency of the topic, in the article, I have tried to devote more space to the analytical analysis of issues that are considered important in this area. In addition, in the article, I have tried to make some suggestions on the revision of the concept of taxation of foreign trade, the effective use of the process of globalization. In order to carry out a high level of integration into the world economy, it is proposed to actively use electronic systems in the establishment of mechanisms for regulating foreign trade relations in Azerbaijan at the level of modern requirements, to create an information portal in this area.
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