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Modern Mechanisms for Promoting Exports on Foreign Markets
24 May 2018
15:00—16:15
KEY CONCLUSIONS
Russian companies must realize they are global players

We believe our main mission is to turn around the mentality of Russian companies and help them realize they are global players. <...> Modern technologies allow us to involve not only the largest national champions, but medium and small enterprises as well — Andrey Slepnev, Deputy Chief of Government Staff; Director, Project Management Department, Government of the Russian Federation.

A key objective for Russia: developing non-energy export

Of course, strategic areas for development include support for Russian non-energy exports. <...> Bringing exports up to USD 250 billion is a very ambitious task. Exports growth is supposed to almost double within the next 6 years — Alexey Bobrovsky, Head of the Economic Programme, Russia 24.

Global protectionism calls for new solutions in foreign trade

Since today we tend to face protectionist measures in global trade more frequently <...>From time to time, it leads to something the media call trade wars.<...>That’s why it makes sense to discuss what we need to do under the current conditions — Alexey Bobrovsky, Head of the Economic Programme, Russia 24.

ISSUES
Russian companies focus on domestic market

We cannot say that our companies <...> fully realize they are global players. In that department, we are quite critically behind the trends — Andrey Slepnev, Deputy Chief of Government Staff; Director, Project Management Department, Government of the Russian Federation.

Imperfect regulation

There are certain problems related to the cross-border regime for services trade, when it comes to administrative procedures and taxes — Andrey Slepnev, Deputy Chief of Government Staff; Director, Project Management Department, Government of the Russian Federation.

What we need to do <...> is to simplify regulation as much as possible — Vasily Osmakov, Deputy Minister of Industry and Trade of the Russian Federation.

Insufficient financial tools for market support

Probably, the common problem for our market is following<…> there is no banking system developed enough to accumulate long-term cheap resources, which can simply be involved in export support tools — Ruslan Iskakov, Chairman of the Management Board, KazakhExport Export Insurance Company JSC.

SOLUTIONS
Government support for export-oriented manufacturers

The task to increase non-energy exports means the launch of a large portfolio of export-oriented investment projects in all sectors. <...>We need to define the government’s offer: if you export, this is the support you will get — Vasily Osmakov, Deputy Minister of Industry and Trade of the Russian Federation.

We support those who are competitive, who actively move beyond. We do not subsidize or support those, who work in the virtually protected domestic market — Andrey Slepnev, Deputy Chief of Government Staff; Director, Project Management Department, Government of the Russian Federation.

We have already created a platform for coordinating development banks. <...> Insurance agencies also strive to create joint insurance and reinsurance tools — Veronika Nikishina, Member of the Board (Minister in charge of Trade) of the Eurasian Economic Commission. .

We have already created a platform for coordinating development banks. <...> Insurance agencies also strive to create joint insurance and reinsurance tools — Alexey Tyupanov, CEO of EXIAR JSC..

Creating systemic conditions for foreign market entry

Creating comprehensive systemic conditions <...> to make entry to a partner's market easier<...>means setting favourable trading regimes that any exporter can use. <...>It includes trade and economic agreements, as well as free trade zone ones — Veronika Nikishina, Member of the Board (Minister in charge of Trade) of the Eurasian Economic Commission. .

It is important <...> that exporters use a single-window system — Alessandro Decio, Chief Executive Officer of SACE S.p.A..

Developing cooperation and partnerships

The economy of trust <...> is what we are trying to bring. <...> It is vital to explain to business what is happening, to build different bridges between the markets in Germany <…> as well as to create a network to interact with other partners — Volker Treier, Deputy Chief Executive Officer, Association of German Chambers of Commerce and Industry.

We aim to promote Japanese investments in various projects carried out abroad with the use of Japanese investments. NEXI will continue to work with various organizations around the world for this purpose — .

I would like to see more comprehensive agreements with African countries <…> to make them not just about financing, but about the work experience and its accumulation. <...> We are building partnership relations, and we really want to achieve such relations with the Russian Export Centre — George Elombi, Executive Vice President, African Export Import Bank (Afreximbank).

Using new platform for foreign markets

GTLK Europe as part of the GTLK group is an actual operating platform and infrastructure for promoting vehicles produced in the Russian Federation in global markets — Roman Lyadov, Chief Executive Officer, GTLK Europe DAC.

We need <...> to develop online platforms and online services. Export credit agencies should also become high-tech — Alexey Tyupanov, CEO of EXIAR JSC..

The material was prepared by the Russian news agency TASS