Analyzing state export promotion system in Russia

Abstract

State export promotion system in Russia has been studied. The main focus is on analyzing current measures to support exporters, assessing their effectiveness, and identifying possible areas for improvement. Various aspects of government policy in the exports sphere, including financial mechanisms, tax incentives, subsidies, and other forms of support, have been considered. Based on an integrated approach, an analysis of the state export infrastructure has been carried out, and key issues and limitations hindering the effective development of foreign economic activity have been identified. The issues of coordinating the actions of various government agencies and organizations involved in the export promotion process have been studied. In the context of economic globalization, government financial incentives for exports are becoming an important tool for increasing national producers’ competitiveness in international markets. Export promotion issues are becoming especially important in the import substitution era. Russia needs to develop exports to stimulate the industry development within the country. The study results show that, despite the relative effectiveness of the measures, the domestic export financial incentive system faces a number of issues, such as insufficient coordination among various support tools, limited availability of information on support measures for businesses, and the lack of clear criteria for evaluating the effectiveness of these measures. Based on the analysis, recommendations have been proposed for optimizing the state export financing system, aimed at increasing transparency, accessibility, and effectiveness of the tools used.