Features of the regulation of foreign economic activity during martial law

Abstract

Introduction. As a result of the introduction of martial law on the territory of Ukraine, state regulation is complicated by a number of problems, in particular, in the area of ensuring economic stability and development. Therefore, there is an urgent need to find new mechanisms for the organization of state regulation of foreign economic activity, which will be adaptive to today's conditions and provide adequate support for international trade relations, in order to facilitate the search for new markets for the sale of domestic products and services. Purpose. Research and analyze the state of state regulation of foreign economic activity in Ukraine. To characterize the implemented changes in the mechanism of regulation of foreign economic activity in the conditions of martial law. To single out the problems of state regulation of foreign economic activity and to outline future prospects for development. Results. Since martial law is a specific legal regime, the use of market instruments of influence on foreign economic activity that existed before the war may not be appropriate. Therefore, the state introduced certain changes in the legislation on the regulation of foreign economic activity. In particular, it is possible to import most goods in a simplified way without making customs payments and without carrying out a customs inspection; quotas and export licensing of agricultural groups of goods were introduced; the deadline for settlement of operations on the export and import of goods has been reduced; it is prohibited to carry out cross-border transfer of currency values from Ukraine, etc. Particular attention is paid to the problems that complicate the process of introducing foreign economic activity in the conditions of war and directly affect the economic condition of both the enterprise and the state. Conclusion. During the martial law, changes in the regulation of foreign economic activity should take into account the partial loss of logistics infrastructure, the increase in the level of political risks, the difficulty of choosing partners and establishing cooperation, etc. and help the country in the effective conduction of international trade.