“…IC in the Russian Federation is studied in the works of S. Abdulmanapov, A. Adzhikova, O. Bakumenko, P. Burak, O. Kuznetsova, M. Makhotaeva, V. Rostanets, A. Topilin, N. Shkolnikova, T. Uskova, and others. Among main advantages of IC scholars define intensification of economic growth through promotion of trade and investment cooperation [2], effective utilization of natural resources [3], optimization of the economic structure of the territory [4], internal market enhancement [5], and others. Some of the major problems hampering the development of international cooperation include low level of autonomy in decision-making of regional authorities [6], lack of proper legislation in this field [7], underdeveloped institutions of interregional cooperation [8], as well as the lack of the regional initiative [9] and financial resources in the regions for the development of interregional projects [10].…”