Problems of Trade Financing in the Russian Federation

Abstract:

For an enterprise the search for minimum risk methods and ways of organizing settlements in foreign trade is a topical problem. The research study identifies the problems of trade finance in the Russian Federation (RF) after the sanctions have been imposed. The features of trade finance management are formulated. The influence of economic sanctions on   trade financing mechanisms is analyzed. Some mechanisms are considered for using a documentary letter of credit, one of the most popular trade financial instruments in international settlements used in the current economic situation,. The measures for eliminating the factors restraining the growing usage of trade finance instruments and the possibility of their implementation in the conditions of economic sanctions are justified. System analysis methods and techniques , analogy methods, expert assessments and projection methodsare used as a part of this research study.