GROUNDS FOR THE CONCEPT OF TRANSFRONTIER COOPERATION AND TRADE TO OBTAIN DURABLE REGINAL DEVELOPMENT (Obosnovaniye kontseptsii prigranichnogo sotrudnichestva i torgovli dlya dostizheniya ustoychivogo regionalnogo razvitiya)

The author of the article deals with issues aimed at obtaining durable and sustainable multifunctional development of transfrontier regions of Podlaskie Province. The development can be obtained by increasing the investment, improving the state of technical infrastructure and by restructuring of the economy. It is also essential to develop, implement and organize such branches of the economy which, to a minimal extent, can lead to devastation of the environment in those regions. Another important question is closer multifaceted economic cooperation with neighbouring countries, i.e. the Republic of Belarus, Lithuania and the Ukraine. Obtaining proper durable and sustainable development of the transfrontier regions requires elimination of numerous barriers such as: insufficient development level of financial institutions supporting initiatives connected with the development of various branches of the economy and tourism, the economic backwardness of farms, poor information infrastructure, etc.