Conceptual Foundations For Sustainable Development Of The Agro-Industrial Complex

The purpose of this study is to study the conceptual foundations for ensuring the sustainable development of the agro-industrial complex and to identify the factors hindering this process.To understand the essence and content of this concept, the article carried out its terminological analysis.The presented review made it possible to prove the absence of a formed theoretical basis for the study.The main conclusions of the authors prove that the key principle for ensuring the sustainable development of the agro-industrial complex is the food security of the country.The article attempts to explore the possibilities of this aspect from the standpoint of legislative support with additional arguments for the expansion of financial measures by the state.Economic sanctions and the consequences of the pandemic emphasize the importance and need to adjust government support measures that ensure the creation of conditions for the sustainable development of the agro-industrial complex.Realizing the importance in the development of the import substitution mechanism, the tasks of the state should be to ensure the availability and expansion of the possibility of concessional lending and grant financing, to strengthen tax incentive mechanisms, mainly for small and medium-sized agribusiness.The key global trend affecting the current realities of ensuring the sustainable development of the agro-industrial complex is the innovative and technological aspect of the development of agro-industrial enterprises.