Forms of foreign economic activity of the enterprise

Foreign economic activity of the enterprise can be carried out in various forms.

First, according to the scale of the geography of coverage of the market territory, it can be:

1. Export activity

2. Import activities

3 Foreign trade activity

4. Foreign economic activity, which includes the export / import of capital in the form of direct and portfolio investments;

5 International scientific and technical cooperation

6. Construction of facilities abroad

7. Engineering and consulting services and other activities, including capital construction projects (complex deliveries)

8. Counter transactions, including compensation, , commodity exchange (barter) transactions, transactions based on tolling raw materials (tolling)

9. Exchanges, auctions, trades

10. Operations related to international supply cooperation, participation in consortia, etc.

11. Participation in operations on foreign stock and foreign exchange markets

12. Establishment of joint ventures in the Republic of Belarus and abroad

13. International economic activity (organization of business abroad in the form of opening branches, own enterprises).

Secondly, foreign economic activity can be classified by types of foreign trade operations:

– Unrelated operations;

– Counter operations.

Thirdly, foreign economic activity can be classified by spheres (objects) of foreign trade operations:

– Export/import of raw materials;

– Export/import of engineering goods, etc.

The basis of foreign economic activity of the enterprise is export-import activity in the field of foreign trade.