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WhatWood Biofuel Finance Minister of the Russian Federation Anton Siluanov: "This year the level of support for the development of non-resource exports increased six times, to 3.5 billion rubles"

Finance Minister of the Russian Federation Anton Siluanov: “This year the level of support for the development of non-resource exports increased six times, to 3.5 billion rubles”

At the Russian investment forum in Sochi, which was held from February 14 to February 15, 2019, the participants of the session “Export accelerator. Learning to trade globally” discussed the implementation of the national export project. This was reported by the press service of the Ministry of industry and trade.

As noted by the Minister of Finance of the Russian Federation Anton Siluanov, opening the session, “this year the level of support to the regions for the development of non-resource exports increased six times, to 3.5 billion rubles. Today there is a task to involve business in the number of exporters. It is necessary to increase the number of enterprises engaged in export at least twice.

According to the Minister of industry and trade of the Russian Federation Denis Manturov, “to achieve the goal of $ 250 billion in 2024, we are still moving at a faster pace. Last year, the volume of Russian non-resource non-energy exports increased by 12% and reached a historical record of $ 150 billion. Almost all sectors of the manufacturing industry have increased their export volumes. One of the key sectors, including due to which the annual export growth of 10% should be provided – small and medium-sized businesses. We have been systematically engaged in the development of technologies within the framework of import substitution of the industrial direction and will continue this movement, but now we will promote our products to the foreign market

During the discussion, the participants also discussed the reform of trade missions. “We are changing the focus in the activities of trade missions. Now the KPI of their managers primarily depends on the output of our enterprises to the foreign market,” Denis Manturov said.

On measures to support exporting enterprises, including complex subsidies, the Minister said that their parameters are already at the final stage of coordination in the Government.

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