New industrialization of Moscow: Sergei Sobyanin — on the development of Moscow exports

March 4
Economy and entrepreneurship

The volume of capital’s non-resource non-energy exports in 2020 amounted to 39.86 billion dollars. This is almost a quarter of Russia's total, Sergei Sobyanin wrote on his blog. 

“In 2020, the volume of non-resource non-energy exports of Russia exceeded 161 billion dollars - a record achievement over the past few years. And almost a quarter of this volume - 39.86 billion dollars - was provided by the city of Moscow," he wrote.

In general, the volume of exports of enterprises in the capital increased by 31 percent. Products were supplied to 183 countries, including Belarus (2.4 billion dollars), Kazakhstan (2.65 billion dollars), China, including Hong Kong (3.49 billion dollars), the United States (2.48 billion dollars), Germany (1.23 billion dollars) and Japan (1.12 billion dollars).

Moscow supplies abroad mechanical equipment, machinery and computers, cars, chemical products (for example, nonwovens and polyethylene) and foods (sweets, drinks and meat delicacies).

According to Sergei Sobyanin, this result was achieved thanks to the new industrialization of the city, which has been going on for several years already. The Moscow government fully supports capital's industrialists.

“In 2020, we made several new decisions, significantly expanded the focused support for exports from Moscow inter alia. For example, for the first time, an export cashback was introduced - a grant at the rate of 10 percent of proceeds from export contracts (but not more than 10 million rubles). Now we are compensating for costs not only for the transportation of products abroad, but for the export access either,” the Mayor of Moscow specified.

Also, potential exporters were enabled to register free accounts on the world's leading marketplaces Alibaba.com, Europages.com, as well as create stores on Ebay.com and promote products on Tmall.com. The E-com Success acceleration program has also become popular. 

This year, another supporting measure was launched - the placement of capital companies’ products in duty-free shops at Moscow airports. 

“Exporting is not difficult. All you need is an original idea and a quality product. And the Moscow Government will help to deliver it to consumers anywhere in the world,” the Mayor of Moscow wrote.

Entrepreneurs can also receive grants and subsidies, take part in major industry exhibitions and business missions (including online). For them, lectures, master classes and acceleration programs are conducted, as well as the targeted analysis of markets in different countries is made.

“In general, the volume of funds allocated to exporters in 2020 increased sevenfold - to almost 500 million rubles. And the number of companies that received subsidies and grants has increased fivefold. In absolute figures, the amounts seem to be small. 500 million rubles (6.7 million dollars) is just 0.02 percent of Moscow total exports. But these small amounts opened access to global markets for hundreds of small and medium-sized enterprises of Moscow,” Sergei Sobyanin concluded.
Source: mos.ru

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