Improving state support instruments for foreign trade in services in the Republic of Belarus
Keywords:
foreign trade in services, service exports, institutional entities, government support instruments, export credits, financial and non-financial measuresAbstract
The need to transform the institutional system supporting services exports, as well as the instruments supporting foreign trade in services in the Republic of Belarus, is highlighted. The important role of foreign trade in services is demonstrated. The institutions that support business entities exporting services are examined. The introduction of new institutional units (an export-import bank and digital attachés) is proposed. Instruments supporting service exports are systematised. Additional tools for implementing financial and non-financial initiatives to support service exports are developed.
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