 Practices of State Support for Exports in BRICS (Cases of China and Iran)Yaroslav Igorevich Bizuk
Russian Foreign Economic Journal, 2024, issue 6, 117-132 Abstract: Given the slowing global demand growth and increased competition for sales markets, export support issues have become a constant priority of the government economic policy. Foreign experience in this area is of great interest to Russia, especially that of large developing economies which are members of BRICS and, like Russia, face large-scale trade and economic restrictions from Western countries. This article examines the current areas and mechanisms of state support for exports in China in view of trade restrictions imposed by the United States, as well as Iran, which has been facing harsh international sanctions for several decades. It is emphasized that China’s economic success is largely attributed to an active pro-export policy based on unprecedented financing and consistent work to open foreign markets for Chinese products. The adaptation and development of Iran’s economy under sanctions is accompanied by reshaping of its international trade relations, increased emphasis on promoting exports to the countries that are interested in expanding and deepening bilateral cooperation. Keywords: market; trade; export; trade restrictions; state support; China; Iran (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2024_06_117-132 DOI: 10.24412/2072-8042-2024-6-117-132 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. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.