Offset deals as a tool to improve export potential of steel pipes

Ekaterina Evgen'evna Shteinberg
Additional contact information
Ekaterina Evgen'evna Shteinberg: Russian foreign trade academy, Moscow, Russia

Russian Foreign Economic Journal, 2019, issue 9, 125-134

Abstract: Implementation of the offset mechanism is analyzed in the current report as a potential instrument for increasing the demand for metallurgical products in government and government - related procurements. The studied scheme can help to maintain the minimum level of capacity utilization and create favourable conditions for R&D investment programs with ensured market demand. Offset deals could be used as export stimulation instrument for Russian steelproducts. International experience and Russian legislative system were analyzed in the report. Export potential of the stainless steel tubes was examined on the example of the market for construction machinery exhaust systems imported under government procurement contracts. Besides, prospective sales under foreign infrastructure projects were analyzed. The total market of procurements legislated by Federal Law-44 and Federal Law-223 was analyzed. It is concluded that implementation of the offset mechanism could stimulate Russian tube products exports.

Keywords: Offset trade; export promotion; countertrade; steel tube products. (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2019_09_125-134.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2019_09_125-134

Access Statistics for this article

More articles in Russian Foreign Economic Journal from Russian Foreign Trade Academy Ministry of economic development of the Russian Federation Contact information at EDIRC.
Bibliographic data for series maintained by Irina Katolik ().