Mechanism of export financing as a measure of providing foreign economic security of the country

Abstract

Due to development of integrational processes, today the necessity to identify the category of external-economic national safety. According to the analysis, the legislation of the Republic of Kazakhstan shall not ensure the separate category of the external-economic safety. The authors identified that new category of economic safety – «external-economic safety», which is characterised by the protection of
internal economy against the external threats, taking into account the modern conditions of integrational
processes development with maintenance of internal marker openness. Under the current globalization,
it is necessary to develop the measures for ensuring the external-economic national safety, which ensures
the development of export support. The country implements he policy of export support in order to increase
the competitiveness on the external markets and creation of conditions for improvement if business
interests. The possible mechanism of export financing application for SME and business leaders of
EEU countries are considered in the article. The pre-export, export and post-export financing tools were
analyzed. In addition, except the main financial institutes, the separate measures and programs aimed at
the support of export-oriented productions financing were considered. On the grounds of a comparative
legal analysis of the legislation of EEU, members in the scope of export state support it follows that the
all EEU countries in different development levels have the institutes’ infrastructures of export support. In
order to realize the systematic approach for development of national systems of the export state support
within the EEU, the authors supposed to use as basis the main tendencies of national system development
of export support in the major economies of the world, such as Germany, USA, Japan and others.