C1 noun ˌlɪb.ər.ə.laɪˈzeɪ.ʃən
liberalization
либерализация
Meaning
The removal or loosening of restrictions on something, typically an economic or political system.
Example
The liberalization of trade policies attracted foreign investments.
Либерализация торговой политики привлекла иностранные инвестиции.