New measures of state support for export business have been adopted

The Prime Minister of the Russian Federation Mikhail Mishustin has approved a «road map» for transforming the business climate in the export of goods and services.

First of all, the implementation of this document should simplify the entry of Russian goods and services to foreign markets, as well as help reduce the costs of an export-oriented business.

In particular, it is planned to modernize state support measures, soften the requirements of currency regulation, and simplify the import into the country of goods necessary for the production of export-oriented products.

As part of the implementation of the decree, mechanisms will be created to simplify the conduct of business activities for organizations that manufacture products for export.

Government authorities should prepare proposals to reduce duties on imported equipment and raw materials that are required for the production of goods that are subsequently exported.

Particular attention in the document is paid to improving regulation in the field of transportation of goods, including reducing the time required for obtaining permits for the movement of large-sized vehicles.

To create a legal framework for launching a digital ecological system «One Window», which should give online access to government services in the field of business support, the government plans to expand electronic document flow at sea checkpoints.

In general, the adopted resolution should become another link in the chain of measures that will improve the investment climate in Russia, attract additional investment to the country, and stimulate small businesses and private entrepreneurs to conduct foreign economic activities.

An increase in interest in the production of products for export should be facilitated by another decree of the Prime Minister of the Russian Federation Mikhail Mishustin, which will allow manufacturers who export goods not independently, but through intermediaries, to receive state subsidies for certification.

Previously, only manufacturers that independently conduct export trade could count on receiving state support.

The main part of products supplied to foreign markets is subject to certification. At the same time, part of the costs incurred by manufacturers was compensated by the state.

This measure should help small companies to enter the export markets.

For large companies, product certification is not so burdensome and is not a key reference point for making a decision on foreign economic activity.

And for entrepreneurs running small forms of business, this is an important factor.

The subsidy will be provided after the signing of the relevant document, according to which the organization agrees to conduct inspections by the Ministry of Agriculture and authorized state control bodies.

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As of October 11, the export of agricultural products increased by $ 2.5 billion compared to the same period last year and amounted to $ 20.7 billion.

The most growing industry was meat and dairy products (+ 47%), followed by food and processing industry products with an increase of 18%, fat and oil products (+ 17%), grain products + 12%.