Belarus’ govt advocates expansion of exports support program
<p> MINSK, Dec 7 - PrimePress. The Belarusian government proposes to expand the program of budget support for exports to assist not only large, but also medium and small enterprises, Prime Minister of Belarus Roman Golovchenko told reporters on December 7, 2020 after a meeting with the president. </p> <p> </p> <p> It is proposed to facilitate both export crediting and export insurance to make export support from the budget accessible for as many business entities as possible. </p> <p> </p> <p> “We have set a fairly high threshold. Contracts worth at least $200,000 are required to qualify for export crediting. There are many export companies that have smaller contracts, and they also deserve state support,” Golovchenko said. </p> <p> </p> <p> The prime minister hopes that the proposals will be approved, and then the state will be able to increase financing of small businesses’ exports. </p> <p> </p> <p> “The government sets the task to significantly reformat some development institutions, which, among other things, support exporters both financially and institutionally. We set the task to actually create a full-fledged export agency that will be engaged in wide-range support for exporters,” Golovchenko said. End </p>
2020-12-08
Primepress
Belarus’ govt advocates expansion of exports support program
MINSK, Dec 7 - PrimePress. The Belarusian government proposes to expand the program of budget support for exports to assist not only large, but also medium and small enterprises, Prime Minister of Belarus Roman Golovchenko told reporters on December 7, 2020 after a meeting with the president.
It is proposed to facilitate both export crediting and export insurance to make export support from the budget accessible for as many business entities as possible.
“We have set a fairly high threshold. Contracts worth at least $200,000 are required to qualify for export crediting. There are many export companies that have smaller contracts, and they also deserve state support,” Golovchenko said.
The prime minister hopes that the proposals will be approved, and then the state will be able to increase financing of small businesses’ exports.
“The government sets the task to significantly reformat some development institutions, which, among other things, support exporters both financially and institutionally. We set the task to actually create a full-fledged export agency that will be engaged in wide-range support for exporters,” Golovchenko said. End