Abstract
The current stage of development of international relations marks the two fundamental processes: globalization and regionalization. They coexist in a dialectical unity. The article explores some important aspects of this process: conflict of legal values, reflected in the contradictory law enforcement practice; peculiarities of globalization in context of law of international organizations; globalization and regionalization in the activity of transnational corporations. It is noted that the establishment of global market requires a clear legal formalization. Research methodology is based on the general methods of cognition: dialectical, logical, systemic, functional; as well as the methods common to the science of international law: systemic-legal, comparative-legal, and interpretation of law. The thesis is substantiated that globalization and regionalization are the revolutionizing phenomena with regards to social life and world politics. The author determines the patterns of these political-legal occurrences in the modern world. A thought is highlighted that we are the witnesses of the formation of a new and interdependent world, which implements the principle of supremacy of law in the international relations.
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