Empirical trends at the regional agro-food market and regional food strategy of import substitution: status and parity in the constituent entities of the North CFD

Two years passed as the Government of the Russian Federation adopted a Resolution “On measures for implementation of the Decree of the President of Russia ‘On application of certain special economic measures to ensure security of the Russian Federation’” on the basis of which the regions developed a strategy of import substitution. In previous decades, the huge volume of imported products entered the domestic agricultural market. In the regions of the Russian Federation adopted their own strategies, programmes and plans for the food import substitution. The result of these institutional norms were changes in the agri-food markets. In this regard, noteworthy is the analysis revealed empirical trends and prospects for their correction. The object of research is the agricultural and food market of the North Caucasus Federal district; it is conducted in the context of the subjects. The article describes the main provisions of food import substitution programme in the Kabardino-Balkarian Republic.