MANAGEMENT OF FOREIGN AND INVESTING ACTIVITIES OF THE REGION
The article discusses aspects of foreign trade and investment activity of Penza region as one of the areas of economic activity in the region closely related to foreign trade, exports and imports of goods, foreign loans and investments, implementation of joint projects with other countries. It has been concluded that the feature of the current stage of the development of foreign economic sphere of the region, including the export sector is the influence of three key factors: the low world market conjuncture reasoned by still uncertain situation in the global economy; stagnation of the national economy and its main sectors; the introduction of political sanctions and restrictions of trade and economic character. The country''s leadership proclaimed a policy of import substitution as a national idea based on a number of sectors, including agriculture. The article describes the major investment projects in the agricultural sector of Penza region with the participation of foreign capital. The improvement of management of the spheres will contribute to the efficiency of foreign trade and investment activity. In order to promote the development of foreign trade activities in the region OAO «Penza Region Development Corporation" was established.