World practices of institutional trade support

August 9, 2019

What kind of institutional support of exporters on international markets would be most effective for Ukraine?

 

World best practices show that for improving coordination between trade policy and private sector the best examples are Sweden, where this function is assigned to the Ministry of Foreign Affairs, or Switzerland and the US, where the coordination function is assigned to the Ministry of Economy. Regarding support for exporters at the local level, the cases of US and Costa Rica are the most note-worthy – they sport a network of regional offices that advise and assist exporters on the ground. Also, there are progressive examples of utilising online platforms that provide information on promising offers of goods and services for export along with the respective contact details, such as in South Korea.

 

To shed light on this issue, experts of Trade+, Foreign Trade Research Center at the Kyiv School of Economics reviewed the world practices of institutional support of trade in 6 out of the 20 most promising for Ukrainian export countries: Switzerland, Poland, Sweden, USA, Costa Rica and South Korea. Countries have been identified as such under the Trade+ methodology.

The Center was established at the Kyiv School of Economics in the framework of the project “Promotion of a Supportive Framework for Trade in Ukraine”, that is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Government. 

 

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