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Influence of export promotion financial instruments on exporters’ competitiveness

Apr 24, 2019

At the present stage of socio-economic development, great attention is paid to liberalization and simplification of export activities, diversification of the structure and geography of exports, expansion and mobilization of the export potential of industries and territories. In solving these tasks, an important role is given to the use of financial instruments to support export.

The results of surveys of exporters in Uzbekistan revealed the significant needs of entrepreneurs in financing their export activities. This is because the existing pre-export financing schemes in Uzbekistan are distinguished by relative high prices and increased requirements for collateral security of bank loans.

This publication addresses issues of improving the mechanism of financial incentives for exports based on a study of advanced foreign experience and considering the possibilities of its adaptation to the conditions of Uzbekistan.

 

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