Modern problems of providing competitive advantages of the regional business environment

The article reveals the problems of forming an effective mechanism for ensuring the real competitiveness of the regional business environment. In the process of research, institutional and economic barriers to business were identified by business entities. Directions and tools for increasing the competitiveness of production at the regional level have been determined within the framework of implementing the economic policy of regional development. The meaning of sustainable regional development is seen by the author in the expansion of economic opportunities for regional entrepreneurship, the development of market infrastructure conducive to increasing transactions with regard to the exchange of regional products.