Improvement of customs and tariff regulation as a factor of sustainable development

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Abstract

The paper discusses the role of prices and customs tools in maintaining a competitive environment, reveals their interaction in the economic mechanism of Russia. The need for more and more complete satisfaction of social needs underlies the competitive struggle between countries for limited global resources. One of the ways of this struggle is international trade, by which each country should strive to export as many goods as possible with high consumer properties, requiring to use highly skilled labor, enabling to maximize
economic benefits. Meantime, it becomes necessary to regulate the imports of foreign-made goods by establishing customs duties on the imports of the manufacturing industry. In modern conditions, customs duties often become a tool of political struggle. In this context, the purpose of the paper is to develop ways to improve the economic mechanism of Russia through prices and customs duties, and to develop their interaction, focusing on creating equal competitive conditions for the sale of domestic and imported products with the help of prices and customs duties. Research methods include analysis and synthesis, induction and deduction, systemic, logical. The result of the study is a set of specific measures to improve customs and tariff regulation, including a formula for an equal price for imported and domestic products. Equal competitive conditions for domestic and imported products are the key to sustainable economic development.