Features of Government Support for Russian Exports to the BRICS countries

Irina Yur'evna Tkachenko and Sergey Vyacheslavovich Piskunov
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Irina Yur'evna Tkachenko: Russian Foreign Trade Academy, Moscow, Russia
Sergey Vyacheslavovich Piskunov: Trade Representative Office of the Russian Federation in South Africa, Johannesburg, South Africa

Russian Foreign Economic Journal, 2024, issue 4, 26-35

Abstract: The article analyzes the currently existing national export support projects in the BRICS countries, and examines the impact of this support on strengthening trade, economic and investment interaction between the countries. The difficulty or impossibility of domestic economic operators entering foreign markets, serious changes in supply chains and payment schemes and the closure of certain routes for supplies from Russia require different approaches to the export support system. The proposed support mechanisms by Russian government agencies will allow them to quickly respond to changes in the external environment and internal factors, streamline as quickly as possible and/or change the mechanisms and their elements of the export support system.

Keywords: economic integration; BRICS; potential for cooperation; state capitalism; system of state regulation of trade; state system of export support; strategic adaptive approach to public administration and regulation of foreign trade; common challenges; trade regime; investment regime (search for similar items in EconPapers)
JEL-codes: F10 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2024_04_26-35

DOI: 10.24412/2072-8042-2024-4-26-35

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