Abstract
The implementation of foreign economic activity at the current stage of human development is an integral factor of qualitative and effective economic growth of any country. Modern world realities with the constant growth of global tensions lead to the closure of some product supply channels, which forces us to look for alternative ways and ways to purchase the necessary products. In this regard, there are several possible options for obtaining such goods, some of which are the search for foreign contractors for the supply of sanctioned products through third countries, the search for new partners or the development of their own production within their own country. Each of them has its own positive and negative features, but with the combined use of all three, we can achieve maximum results. So, if at the moment the necessary products cannot be produced due to a lack of technological base, it is necessary to use foreign analogies. However, at the same time, we should strive to establish our own production of domestic products within the framework of the import substitution program, which will avoid dependence on foreign countries. The release of new products will not only replace foreign products, but also create new high-tech jobs, increase the inflow of investments through the opening of new production facilities, as well as bring the quality of domestic products to a radically new level through state support of key and most vulnerable industries. The conducted research was carried out in order to study the process of import substitution with a regional bias. In addition, the current situation, results and directions of import substitution development are analyzed on the example of the Saratov region. Statistical data confirming the importance of import substitution for the stable functioning of the state are presented and analyzed. It is concluded that the correct alignment of priorities for the development of the region will make the region one of the main centers for import substitution of certain types of products, where we are able to successfully compete with foreign products.
Published Version
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