Economic risks of agricultural organizations’ activity in the Vologda Oblast in the context of Russia’s membership in WTO

Russia’s accession to the World Trade Organization provides the domestic agribusiness with a fundamentally new economic and organizational-legal business environment. The article analyzes the financial condition of agricultural organizations in the Vologda Oblast, indicates increasing acuity of the problems in the industry and identifies the economic risks for the agricultural commodity producers of the northern region in the context of Russia’s membership in WTO. It substantiates the top priority measures to improve the financial sustainability of agricultural organizations and the need for changes in the mechanism of state support for the industry

Keywords

wto, vologda oblast, agricultural production, economic risks, the development of regional agriculture