SOME FEATURES OF TRADE LEGAL REGULATION IN RUSSIA

Abstract

The author considers the features of the Russian economic legislation which should be taken into consideration in regulating commercial activity. As modern trade becomes internationalized, its role as a branch of economy increases. The author believes that Russian economic legislation regulating commercial activity is fragmented and contradictory. The lack of system legislation does not allow of establishing clear rules for trading activity. To overcome legal uncertainty the Commercial Code should be issued. The adoption of such a system-making law is expedient in terms of a complete acceptance by the Russian society of large-scale privatization legitimacy. The codification of market norms in modern Russia should be carried out with the use of its own legal units taking into consideration mass legal economic awareness. It should be kept in mind that Russian legal awareness has never been formed under the conditions of advanced capitalism.