omic and social crisis in the Russian state. Even if the most serious forms of crisis and national and territorial conflicts which were fueled by it, can be solved, the transition to democracy and a healthy market economy still would be painful and protracted process. The effect on the formation of foreign policy by the number of states of the CIS (The Commonwealth of Independent States) during the period of formation of independence is characterized by exaggerated distancing from Russia, fueled by nationalistic territorial disputes, including claims concerning Russia, as well as some kind of allergic reaction to anything that might resemble a dependence on the former Soviet Union structures. The understanding of the objective reality that rely on the policy of a renewed Russia facilitates the solution of national problems. But it will not come at once. Moreover, in search of their own place in the world community, some of these states, especially in the Asian part of the former Soviet Union, are trying to find a foothold in close to them in the ethnological, religious, or economic relations of countries , including those who fought in the course of history with Russia over the influence in the different regions. Thus there is a complex process of forming a closer circle of Russia's geopolitical environment, the outcome of which will largely depend on Russia's ability of political conviction, in extreme cases with the use of military force, its ability to assert the principles of international law, including the rights of minorities in order to achieve a lasting good relations. There is a complicated process of finding a new political identity which is still going on. In addition to the predominant traction towards the West and attempts to obtain guarantees of security and connect as a full or associate member of the West European integration structures tend to resume on a new basis of relations with Russia, a gap which, especially in the economic area, is exacerbating the difficulties of overcoming the crisis, the emergence of market mechanisms and the modernization of the economy. Following dissertation is aimed to analyze the history of development of the foreign policy of modern Russia, the mistakes it made and to foresee to a certain extent a further development of a country's international relationships. It is vital that Russia's foreign policy orientation would be based not on ideological or party needs but on the fundamental national interests. Russia should firmly take a course on development of relations with countries the cooperation with whom could be helpful in addressing the priorities of national revival, first of all - with Russia's neighbors, economically powerful and technologically advanced Western nations and newly industrialized countries in different regions. For start, it might be useful to review the priorities and principles of Russian foreign policy