From Import Substitution to Export Orientation in the Regional Agribusiness

Gusakova, E. P.; Tsirulev, D. E.; Prokopenko, I. S.

doi:10.1007/978-3-030-60929-0_11

Cited by 2 publications

(1 citation statement)

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“…Investment (subsidizing) of interest rates on loans and lease payments for crop insurance is performed (Olgarenko et al, 2020;Shabanov et al, 2021). Many regions of the Russian Federation where investments from regional budgets are used have established export support centers, which provide information, analytical, consulting and organizational support for export activities to agricultural enterprises and assist in the organization of joint ventures with foreign partners in the Russian Federation and abroad (Gusakova et al, 2021;Maslova et al, 2019). 866 volumes of state investment, 74% of agricultural enterprises did not use existing support measures, and only 7.5% of enterprises benefited from the support in the field of exhibition and fair activities.…”

Section: Resultsmentioning

confidence: 99%

New Mechanisms For Investing In The Agricultural Enterprise Foreign Trade Activity Development

Voytyuk¹

2022

European Proceedings of Social and Behavioural Sciences

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At the present stage, it became necessary to develop and adopt new investment mechanisms in the development of foreign trade activities of agricultural enterprises. State investment in the development of foreign trade activities of agricultural enterprises is implemented within the framework of the State Program and the federal project titled "Export of agribusiness products". Much attention is paid to the development of a logistics system for the export of agricultural products. Regional export support centers are established. Targets and measures of state support for the development of foreign trade activities at the federal and regional levels and their effectiveness are discussed. Due to imperfect investment mechanisms and insufficient volumes of state investment, the most agricultural enterprises did not use existing support measures, and a small part of enterprises benefited from the support in the field of exhibition and fair activities. Despite the government support for the development of foreign trade activities, the low efficiency of the existing investment mechanisms and the need to improve them are noted. The experience of investment policy of some countries showing a high rate of development is analyzed. New mechanisms for attracting investments, primarily from private investors, are proposed. It has also been proposed to differentiate a set of mechanisms for attracting investments in the development of foreign trade activities of agricultural enterprises into groups of direct and indirect investments.

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