PROVIDING FEATURES OF UKRAINIAN REGIONS’ FOREIGN ECONOMIC SECURITY

The article highlights the concept of foreign economic security of the region. The main types of foreign economic activity are considered. Approaches to ensuring the foreign economic security of the country and the region are highlighted, which are very similar, but at the same time different. The peculiar “advantages of the regions” are substantiated, which should include: more efficient use of local resources; the possibility of better meeting the needs, improving the level and quality of life of the local community; formation and increase of social capital; establishing close contact and fruitful cooperation between regional government and entrepreneurship. Measures to protect regional interests in conducting international business activities are disclosed, they are divided into two groups: prohibitive and restrictive. The first group consists of such measures as the application of regional, technical regulations on imported goods, the fight against smuggling, the initiation of anti-dumping investigations, campaigns to form “consumer patriotism”, import substitution. The second group of measures aimed at stimulating and developing the regional economy, which strengthens its position in geoeconomic competition, reduces its vulnerability to external shocks. The main ones are the formation of a positive geo-economic image of the region, the development and rationalization of export potential, the creation of an attractive investment climate and the promotion of foreign investment, strengthening the global competitiveness of the region. The main indicators that will allow assessing the level of foreign economic security of the region are systematized. The main tasks and threats to the foreign economic security of the regions are described.