Bashkiria again hit top three leading regions in Regional Export Standard 2.0 implementation

Following the results of 7 months of this year, Bashkiria hit the Top 3 regions in terms of the Regional Export Standard 2.0 implementation, aimed at creating favorable conditions for conducting foreign economic activity. This was reported by the press service of the republican government.

Thus, the republic retained its leading position achieved in 2021. More than 180 exporting enterprises of Bashkiria (about 20%) have started using the My Export information system developed by the Russian Export Center (REC) as part of the International Cooperation and Export national project. Bashkiria became a pilot region for the implementation of this platform in 2020. Exporting companies can receive full information about federal support measures in the "one shop" format due to this program.

The Republican Export Support Center has begun providing a new service for co-financing up to 80% of the costs of transporting products at the stage of the delivery contract concluding. Shortly, federal funding is expected to provide subsidies covering up to 90% of the actual costs incurred in transporting goods.

Author: Roman Yakimchuk