Strategy for developing the export potential of the regions
Abstract. The article investigates the export potential of the Sughd region of the Republic of Tajikistan in terms of the possibility of ensuring further economic growth of the region and ensuring its economic security. It is necessary to conduct an analysis based on a certain algorithm that allows assessing the existing features of the region`s foreign economic activity, identifying unused opportunities and developing proposals for improving the policy of the region`s authorities in supporting export-oriented industries. Based on the analysis of the manufacturing sector and exports of the Sughd region of the Republic of Tajikistan, proposals were made to adjust the export and investment policy in order to create conditions for the further economic development of the region and ensure its economic security. In particular, it is proposed to pay special attention to the use of the potential of the Sughd free economic zone, as well as to provide information and financial support to entrepreneurs interested in participating in foreign economic activity. In addition, it was determined that at the current stage it is necessary to focus on the development of exports of cotton fabrics, raw silk and salt, which are the most promising products for export from the Sughd region. Proposals were put forward on directions for diversifying exports and creating an internal production base for this purpose.
Keywords: regional export policy, export potential, export structure, export diversification, economic security of the region, export-oriented production, regional development, export development factors
Highlights:
♦ the issue of developing the export potential of the Sughd region of the Republic of Tajikistan was considered;
♦ an analysis of the structure of production and exports of the Sughd region of the Republic of Tajikistan was carried out;
♦ the most promising areas for the development of export potential were identified taking into account the presence of export development factors;
♦ measures to develop the export potential of the Sughd region of the Republic of Tajikistan were proposed.
Nadezhda Yu. Blinichkina1, Firdavsjon K. Marufov - Tajik State University of Law, Business and Politics, Khujand, Republic of Tajikistan