The Head of Mordovia Sets the Goal of Increasing Export Volumes
On April 3, Artyom Zdunov, the Head of Mordovia, held a meeting on the development of foreign economic activity.
According to the Republic's Ministry of Economy, foreign trade turnover is expected to grow by 110% in 2025. This indicator places Mordovia among the top three in the Volga Federal District. Sixty-three countries are the republic's trading partners, with China, Belarus, and Kazakhstan accounting for almost 70% of total foreign trade turnover. Leading export products include machinery, equipment, and agricultural products.
In recent years, the republic has significantly increased its efforts to develop international cooperation and exports. An export council under the Head of the Republic of Mordovia has been established in the region. Potential exporters are provided with all necessary support.
Artyom Zdunov annually sets the goal of increasing export volumes. Cooperation with the Republic of Belarus has significantly strengthened, and there are clear prospects for cooperation with Turkey, Pakistan, and other Middle Eastern countries. Trade and economic ties with China are showing steady momentum. This work will continue. At the direction of the Head of Mordovia, the Government of the Republic has prepared a plan for business missions tailored to the specific needs of entrepreneurs.
"We have good export potential—from agricultural products to high-tech solutions. We are seeing steady export growth. Therefore, it is necessary to expand the presence of our producers in foreign markets," the Head of Mordovia emphasized.
As a reminder, President Vladimir Putin has ordered that non-resource, non-energy exports be increased by at least 70% by 2030.