Recent reports show the Russian Ministry of Economic Development removing more than 30 barriers that limited domestic exporters from entering new markets. Liliya Shchur-Trukhanovich, who leads the department focused on developing and regulating foreign economic activity, discussed this effort at a business breakfast titled Competition and New Logistics in the Changing World: Solutions for Russian Companies. The remarks were featured by Kommersant.
Over the past two years, export-support measures have been adapted to new realities, with a clear emphasis on expanding Russia’s trade footprint to the East. The reforms aim to accelerate entry into promising regions, often requiring modest increases in financing and simplification of the customer journey for exporters. The broader goal is to broaden Russia’s presence in foreign markets by strengthening ties in Africa as a growth opportunity and reinforcing positions in Asian markets and the Middle East, as outlined by the department head.
The measures discussed include new options for fast and cost-effective delivery of goods. The strategy also calls for establishing trading houses and distribution centers to boost Russia’s visibility and reliability in international trade channels.
A concrete support mechanism mentioned is assistance to exporters during the homologation process, which involves preparing products for certification in new markets. The official noted that nearly 30 obstacles across various countries were removed in 2023, with a range of tools employed, from multilateral negotiations to judicial procedures, aimed at smoothing regulatory hurdles.
On sanctions-related challenges, the department head suggested that finding a way around barriers sometimes requires a pragmatic approach that can involve straightforward and flexible pathways still aligned with legal requirements. The underlying message is one of adaptability and resilience in the export sector as policymakers seek to reduce friction for Russian goods abroad.
The conversation also touched on currency dynamics, with discussions around the ruble’s role in international trade and its impact on partnerships with trading partners such as Turkey. This topic reflects broader efforts to stabilize and diversify currency usage in cross-border transactions. The overall theme emphasizes pragmatic steps to maintain competitiveness despite geopolitical pressures.
In summary, the ministry’s actions point to a coordinated strategy that combines regulatory simplification, logistical improvements, and targeted market diversification. By prioritizing faster delivery, new distribution networks, and streamlined product certification processes, Russia aims to build a more resilient export framework and strengthen its standing in key international markets across Africa, the Middle East, and Asia. The ongoing evolution of these measures demonstrates how government policy can support exporters in navigating a shifting global trade landscape and respond to emerging opportunities in the East.