It is often considered that foreign
pose a threat to local businesses and,
, access should be closed for them. I strongly disagree with
point of view and think that foreign investments play an important role in the economic development of any state.
of all, the widespread involvement of foreign
contributes to a decrease in unemployment in the
and an increase in state budget revenues. With the organization of production in the host
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there is no need to import the
from the previous
, firms that produce
that are competitive on the world market and are mainly export-oriented can significantly strengthen the host
's foreign trade positions.
, organizations in my home
method and have received positive results.
reason why foreign firms are beneficial to the host
is that they improve the quality of production. Their activities force the administration of local
: to make adjustments to the technological process, allocate more funds for training and retraining of workers, pay more attention to the quality of
, their design and consumer properties. Most often, foreign investments are based on the introduction of new technologies, the release of new types of
, a new management style, and the use of all the best practices of foreign business.
, thanks to American, German and Japanese
and their advanced technologies, the production and sale of goods in my
In conclusion, foreign
play a considerable role in the modern world. In my opinion, they entail many positive aspects that should give them access to doing business in other countries.