Food Safety and Regulatory Measures

Biography

Biography: Ekaterina Silanteva

Abstract

In the conditions of sanctions growth, Russia has faced the need to import the substitution of the European goods and the need to provide food security of the country without the aid of the European partners. Russian Federation was the huge developing market that imported different commodities from all over the world. However, Russia has had her own potential for manufacturing of different goods but this potential wasn\'t realized because of the high level of corruption and wrong economic policy of the government. In this situation due to the decrease of oil prices the national currency has fallen twice. This led to the enormous growth of prices on the commodities goods and the decline in the quality of the products provided to the population. Especially this problem has concerned the food market.
That is why it is very important now to create the institutional environment that is necessary for development of sustainable economy and the own food manufacturing. The Government should provide the support to resource-efficient SMEs and regulate economic processes thus to increase the competitive advantages of the national companies and to provide the population with high quality and safe products. Without any doubts, competitive small and medium-sized enterprises play the strategic role for ensuring product security of the country. The system of competitive advantages of the company consists of market, resource and network competitive advantages. The state has the wide range of opportunities to support all these competitive advantages within the space provided by the WTO.