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Increasing the volume of export

Increasing the volume of export

Leningrad region is planning to increase the volume of export up to 10 billion USD over five years and 4.2 billion will come to non-resource non-energy export. Such ambitious task was announced during a session of the Council on Development of Export and Import Substitution of Leningrad Region.

“We expect that financial and non-financial measures of support will help to double the number of small and medium-sized enterprises involved in foreign trade. And already in five years Leningrad region which now occupies the 20th place in terms of the volume of non-resource export will enter top-10 regions,” noted Deputy Chairman of the Government of Leningrad Region – Chairman of the Committee for Economic Development and Investment Activity Dmitry Yalov.

It is assumed that a considerable part of foreign deliveries will be provided by small and medium-sized business. In order to achieve these goals a regional project “Export of services” is being implemented, target indices of the volume of export is 341.6 million USD by 2024, and “System measures of contribution to international cooperation and export” project aimed at increase in the number of exporters among small business up to 770.

The main tool for implementation of these tasks is Export Standard 2.0 which includes the following incentive measures:

  • export audit
  • acceleration
  • “Export School”
  • e-commerce

Introduction of the Standard in the region is carried out by the Committee for Economic Development and Investment Activity together with the regional Export Support Centre established on the base of Industry development Centre of Leningrad Region.

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