
Export finance in Ukraine: reforms are needed
State export support is a key instrument for strengthening a country’s exports and improving exporters’ competiteveness in global markets and value chains. Export promotion can be split into three categories: information provision, export finance as well as protection against political and commercial risks. Ideally, these three elements are part of one unique state export finance strategy. Such a strategy ranges from supporting trade fair participation and provision of country risk assessments to information on market structures and conditions for market access. In addition, short-, medium, and long-term export financing, backed by state or private credit insurance, is of importance.
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