Critical import insurance as a tool to support entrepreneurs under sanctions

The article substantiates the relevance of state support for critical imports in modern conditions of political and economic restrictions. The current economic and political conditions of Russia’s development introduce significant business risks when concluding import contracts for importing critica...

Full description

Saved in:
Bibliographic Details
Main Authors: А. V. Averin, A. F. Baranova, A. M. Kutyrev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2023-09-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/4655
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832541554609225728
author А. V. Averin
A. F. Baranova
A. M. Kutyrev
author_facet А. V. Averin
A. F. Baranova
A. M. Kutyrev
author_sort А. V. Averin
collection DOAJ
description The article substantiates the relevance of state support for critical imports in modern conditions of political and economic restrictions. The current economic and political conditions of Russia’s development introduce significant business risks when concluding import contracts for importing critical goods and implementing additional supportive measures for importers of those goods that are duly recognized as critically important for the country’s economic development. As a result of the conducted research the conclusion about the lack of theoretical approaches to the understanding of critical imports and normative fixation of the sought concept has been made. Based on the analysis of regulatory legal acts of the Eurasian Economic Union and federal legislation of Russia, the system of support for critical imports at the supranational level and the level of the Russian Federation has been described. The commodity structure of the critical imported products lists has been analyzed. On the basis of them the conclusion about the large-scale dependence of the Russian Federation on foreign-made goods has been made. The necessity of state support of insurance of advance payments for imports of critical goods has been assessed and the algorithm of state support of advance payments insurance for critical goods imports described. The conclusion about the need for a comprehensive approach to support critical imports has been formulated and the one of the possible tools for its implementation proposed.
format Article
id doaj-art-753586ce5f56451fb3d9df42a2386294
institution Kabale University
issn 1816-4277
2686-8415
language English
publishDate 2023-09-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-753586ce5f56451fb3d9df42a23862942025-02-04T08:28:17ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-09-0108919810.26425/1816-4277-2023-8-91-982866Critical import insurance as a tool to support entrepreneurs under sanctionsА. V. Averin0A. F. Baranova1A. M. Kutyrev2Vladimir State University named after Alexander and Nikolay Stoletovs; Vladimir branch of the Russian Presidential Academy of National Economy and Public AdministrationVladimir State University named after Alexander and Nikolay StoletovsVladimir State University named after Alexander and Nikolay StoletovsThe article substantiates the relevance of state support for critical imports in modern conditions of political and economic restrictions. The current economic and political conditions of Russia’s development introduce significant business risks when concluding import contracts for importing critical goods and implementing additional supportive measures for importers of those goods that are duly recognized as critically important for the country’s economic development. As a result of the conducted research the conclusion about the lack of theoretical approaches to the understanding of critical imports and normative fixation of the sought concept has been made. Based on the analysis of regulatory legal acts of the Eurasian Economic Union and federal legislation of Russia, the system of support for critical imports at the supranational level and the level of the Russian Federation has been described. The commodity structure of the critical imported products lists has been analyzed. On the basis of them the conclusion about the large-scale dependence of the Russian Federation on foreign-made goods has been made. The necessity of state support of insurance of advance payments for imports of critical goods has been assessed and the algorithm of state support of advance payments insurance for critical goods imports described. The conclusion about the need for a comprehensive approach to support critical imports has been formulated and the one of the possible tools for its implementation proposed.https://vestnik.guu.ru/jour/article/view/4655critical importsimportssanctionsimport insuranceadvance paymentssubsidiesbusiness risks
spellingShingle А. V. Averin
A. F. Baranova
A. M. Kutyrev
Critical import insurance as a tool to support entrepreneurs under sanctions
Вестник университета
critical imports
imports
sanctions
import insurance
advance payments
subsidies
business risks
title Critical import insurance as a tool to support entrepreneurs under sanctions
title_full Critical import insurance as a tool to support entrepreneurs under sanctions
title_fullStr Critical import insurance as a tool to support entrepreneurs under sanctions
title_full_unstemmed Critical import insurance as a tool to support entrepreneurs under sanctions
title_short Critical import insurance as a tool to support entrepreneurs under sanctions
title_sort critical import insurance as a tool to support entrepreneurs under sanctions
topic critical imports
imports
sanctions
import insurance
advance payments
subsidies
business risks
url https://vestnik.guu.ru/jour/article/view/4655
work_keys_str_mv AT avaverin criticalimportinsuranceasatooltosupportentrepreneursundersanctions
AT afbaranova criticalimportinsuranceasatooltosupportentrepreneursundersanctions
AT amkutyrev criticalimportinsuranceasatooltosupportentrepreneursundersanctions