Business News

Action Plan for Internationalisation Expected by November

Ljubljana, 20 September (STA) - A special work group tasked with preparing by November an action plan for support to Slovenian companies on foreign markets in 2011 met for the first time on Monday. Economy Minister Darja Radic said Slovenia had no choice but to export its products and that internationalisation of the economy was crucial for boosting competitiveness.

The government adopted in July the programme for boosting internationalisation in 2010-2014. Radic highlighted that various players in the field had worked separately until now, while the joint work group would now help improve coordination.

The work group consists of representatives of the president's and the prime minister's office, the economy and foreign affairs ministries, the Public Agency for Entrepreneurship and Foreign Investments (JAPTI), the Chamber of Commerce and Industry (GZS) and the Chamber of Trade Crafts and Small Business (OZS).

The group's action plan, which the government intends to pass by the end of November, will include a list of business delegations for visits on foreign markets in 2011, so that the companies can prepare for these visits, Radic said.

Foreign Minister Samuel Zbogar meanwhile noted that he was happy with the work of Slovenian ambassadors in business diplomacy, but added that the ministry would prepare measures to boost business diplomacy in the coming year.

According to Radic, the purpose of the group is to define the main priorities and markets where internationalisation will be more extensive and where state aid will be provided for companies entering foreign markets.

JAPTI remains the main player in the promotion of internationalisation, while all its activities are supplemented by financial instruments of the state-owned export and development bank SID.

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