CONCEPT AND FEATURES OF A FOREIGN ECONOMIC CONTRACT AS A TYPE OF ECONOMIC CONTRACT

Abstract

The article is devoted to the concept and features of a foreign economic contract as a certain type of economic contract through self-qualifying features. The economic and legal features of a foreign economic contract are: the presence of a party – a domestic business entity; the subject – property, products, services, goods used in the field of business; public-legal aspects – control and supervisory actions by authorized state authorities.Due to the economic and legal support, a foreign economic contract is a type of economic contract, that is, it is defined by the norms of general (Civil Code of Ukraine, Customs Code of Ukraine) and special legislation (Laws of Ukraine «On Foreign Economic Activity», «On Private International Law», etc.).From an obligation-analytical point of view, a foreign economic contract is fixed-term, refundable, bilateral or multilateral, consensual, basic, single-object (in some cases – alternative) and, as a rule, economic and property, that is, its subject component is used to ensure (implement, perform) a certain type of management. The performance of foreign economic contracts is especially valuable in an economic sense, because in this case the state receives a certain bonus – payments in the form of taxes and fees, which will replenish its budget, serve as a factor in stabilizing and increasing its socio-economic potential.The specification of a foreign economic contract is a detailed description of its subject, which is attached to its main text, is its integral part and contains specific characteristics, requirements, parameters, volumes and other information that allows you to uniquely identify the product, service or work that is the subject of the agreement.