INSTITUTIONAL SUPPORT FOR THE DEVELOPMENT OF EXPORT BUSINESS UNDER THE CONDITIONS OF WAR IN UKRAINE

Abstract

The article reveals the state and features of institutional support for the development of Ukraine's export business under martial law. The aim of the article is to identify the status, features and mechanisms of institutional support for the functioning of export business in Ukraine under martial law and post-war development of the domestic economy. The directions and forms of activity of key state institutions to promote export activities of Ukrainian economic entities in the conditions of military aggression are characterized. The use of financial instruments for exporters by the Export Credit Agency of Ukraine is described. which It enables allow export on terms of deferment or installments, and creates the possibilities to get to obtain an export loan in conditions of absence or lack of security, to obtain a bank guarantee for the performance of an export loan, and accordingly to work safely with new foreign markets. Current instruments contribute to the adaptation and transformation of domestic business activities in the context of becoming export-oriented. The need to expand the instruments of financing, crediting and insurance of export operations and contracts in the conditions of growing political, commercial, market, currency, investment and other risks is substantiated. Aspects of institutional support of business entities of Ukraine in the context of attracting foreign investment are determined for the implementation of the economic recovery program of Ukraine. The problems and areas of activity of the export business of Ukraine in the conditions of war, which require strengthening of institutional support, have been identified. It is proposed to expand the forms and tools of activity of the state institutions of Ukraine to promote the development of export business based on the study of world experience.