With economic diversification as a principal underlying goal for the coming decade, the country is looking to its export capacity. Working with its international trading partners, Russia has the potential to expand its role in global manufacturing supply chains, but challenges remain. What can Russia offer to its trade partners beyond commodities and what export support measures and government measures, compatible with the OECD and WTO, should be pursued to spur exports?
One of the things I was going to ask the ministers: whether there will be a policy of negotiating free trade agreements and use the WTO as a springboard for that to enable to open up markets and increase exports. That would be an excellent way to promote exports and to have your products all over the world depending on what parties you choose for free trade agreements.
One of the objectives is to reach the following level by 2015: 15% of all small and medium businesses should be export-oriented.
More than 30 billion roubles have been allocated to this subsidy [of interest rates] over the past five years, which has made it possible for businesses to attract more than 1.4 trillion roubles for the supply of products to foreign markets.
In cooperation with VTB Capital