ABSTRACT
The authors of the paper present the result of risk and perspective analysis of genetic technologies introduction into agricultural sector of national economies. In the context of high level mistrust in GMO, research results due to the interest of multinational corporations in obtaining ‘super profits’ and high potential of genetic technologies for national food security, it has been concluded that it is necessary to expand governmental overview powers and participation level in the development and introduction of GM technologies into agriculture and other spheres of economy in order to guarantee safety and ensure higher accessibility standards to the population. The results of the study are supported by the data of the survey among certain age groups of Russian, Egyptian, Bulgarian and American population conducted by the authors of the paper. As a solution, we suggest establishing a new Governmental Department related to the FAO GM foods in order to determine quantities, safety assessment standards and facilitate deals between countries enabling GM foods production. In the future, this may change the policy of some countries, which now have a strict ban on GMOs, allowing them to open up to genetic technologies development. There are both direct positive effects to the Government from support of research and introduction of genetic technologies in agriculture and indirect ones. They include new jobs creation, affordability of the market basket or commodity bundle, poverty reduction and national scientific potential increase. In the conclusion, it should be specified that the demand for genetic technologies in agriculture during the post -COVID period is justified due to decrease in living standards of global population, unemployment increase, change in production and consumption structure of national and world economy. Besides, a set of measures should be adopted aimed at implementing government policy of support and development of GM foods and services production at the global and national levels.