PROSPECTS FOR DEVELOPMENT OF INTERNATIONAL CROSS-BORDER TRANSPORT INFRASTRUCTURE

The article deals with the issues of development of cross-border transport infrastructure in the region and its influence on the processes of globalization. The article analyzes the state of the cross-border transport infrastructure of the Russian Federation, the dynamics of its development, its ability to integrate into the global transport infrastructure. It's analyzed the availability of the necessary terminal complexes and roads. Transport infrastructure investment is projected to increase at an average annual rate of about 5% worldwide over the period of 2014 to 2025. Roads will likely remain the biggest area of investment. Transport, for example, plays a key role in linking consumers and producers, and integrating markets by facilitating exports and imports. Improving transport infrastructure, logistics and cross-border trade facilities is central to reducing delivery times and costs, and therefore for the integration processes. For regions which are short on transport infrastructure, especially for landlocked regions, this is particularly important. Large -scale development of transport networks will likely continue in many Asia-Pacific economies, given the shift in economic power from the West to the East. In this regard, it is necessary to intensify the development of transport infrastructure to create the conditions for integration into the global transport system between the east and west.