Modernization of Industry through Import Substitution and Localization of Production in Mechanical Engineering

It is substantiated that the revival of self-sufficiency economy and industry requires outpacing growth national engineering, improvement mechanisms to stimulate development, one which government's policy on import substitution, including measures localize production. The world experience introduction localization considered. difficulties implementing production in Ukraine have been studied. expediency government concerning manufacture branch mechanical engineering course public purchases proved. determined protectionist development industrial sector, particular production, currently practiced by almost all countries world, primarily developed ones. considered scientific community from two opposite positions: 1) as a measure does not promote economic hinders free movement goods capital; 2) support producers. draft amendments regulatory framework substitution are analyzed: Draft resolution Cabinet Ministers "Some issues implementation pilot project procurement machinery field with confirmed degree localization" until December 31, 2021; Law "On Public Procurement" create conditions for sustainable modernization domestic industry. Given has signed number international trade agreements, it proved necessary define substantiate more detail its own interests, protection security, legality law possibility their Ukrainian legislation. hypothesis fixing special regime certain period time establishing norms substantiated.