IMPACT OF SANCTIONS ON RUSSIAN AGRICULTURE: ADAPTATION OF THE AGRO-INDUSTRIAL COMPLEX TO NEW GEOECONOMIC CONDITIONS

DOI 10.32651/2412-20

Issue № 12, 2024, article № 3, pages 20-25

Section: Problems of efficient management

Language: Russian

Original language title: ВЛИЯНИЕ САНКЦИЙ НА СЕЛЬСКОЕ ХОЗЯЙСТВО РФ: АДАПТАЦИЯ АПК К НОВЫМ ГЕОЭКОНОМИЧЕСКИМ УСЛОВИЯМ

Keywords: AGRICULTURE, FOREIGN TRADE, EXPORT AND IMPORT OF AGRICULTURAL PRODUCTS, IMPORT SUBSTITUTION, ENTREPRENEURIAL RISKS, ECONOMIC SANCTIONS

Abstract: The study found that in the context of growing agricultural exports and significant dependence on technology imports, the stability of foreign economic relations is a critical factor in the development of the industry. The analysis revealed a high degree of export orientation of certain segments of the agricultural market and outlined the risks associated with restricting imports of production resources. The results obtained indicate the need to diversify foreign economic relations and increase the technological independence of the domestic agro-industrial complex. Government support has played a key role in achieving food security in a number of critical positions. At the same time, it should be noted that the dynamics of the industry's development manifested itself in the transition from the status of a net importer of grain to leadership in the global wheat market. In addition, Russia has become a major supplier of oilseeds, vegetable oils and animal feed. However, we also need to state that despite the results achieved, the potential for further development of the industry, including expanding the range of exported products and deepening integration into global food chains, remains quite high. For the sustainable development of the industry, it is necessary to solve a number of tasks related to improving production efficiency, improving product quality, adapting to changing climatic conditions in the world and planning and software competitiveness in world agricultural markets.

Authors: Luchkovskii Rodion Nikolaevich