Features of foreign economic policy of Ukraine
Basic directions of external economic politics of Ukraine are considered. The specifics of reform of foreign policy and its role in economic development are shown. The result of the implementation of the foreign economic strategy of Ukraine was hit at the mercy of fluctuations in world market prices of raw materials. Active participation of Ukraine in the system of economic relations limited mainly low level of technical and economic development and low competitiveness of domestic products. The identified problems of foreign policy can be resolved on the basis of the transition from regulation of foreign economic activity as an independent sphere to represent it as part of an overall strategy of socio-economic development. Strategic policy directions of improving the regulation of foreign economic activity in Ukraine are set. It is proved that in modern conditions necessary qualitative changes in the composition and content of the regulatory functions of the state, which would be aimed at creating institutional support of the competitive environment and effective market mechanisms. Creation of institutional mechanism of counteraction to the negative consequences of processes of globalization of world economy is needed side by side with this, to external economic expansion of the developed states by defense of economic interests taking into account international norms and rules.