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Lukáš Parízek: Slovak SMEs have many Global Opportunities

Lukáš Parízek: Slovak SMEs have many Global Opportunities

27.11.2019 | Aktivity štátnych tajomníkov

Today (27 November 2019), the Bratislava seminar, organized under the auspices of Lukáš Parízek, State Secretary of the Slovak Ministry of Foreign and European Affairs, extended the series of regional meetings of Slovak firms focused on fostering exports. The activity Together for Slovakia: From Regions to the World was established as a new format allowing for the communication of entrepreneurs and regional associations with the representatives of the foreign and economic ministries, as well as financial institutions.

 

After all the regional meetings were held, all the participants agreed that the communication between companies and state administration has to be constantly improved. “In spite of the possibility to be in permanent mutual contact, we still do not sufficiently listen to each other. I see a great potential for the country and many global opportunities – however, we lack synergy and collaboration. In addition to improvement in communication, ministries have to work more efficiently and swiftly react to the demands of our entrepreneurs,“ said Lukáš Parízek. The objective of economic diplomacy is to seek out opportunities in the country of operation and also to be aware of Slovakia’s potential in such areas as production, services, and innovations.

 

The entrepreneurial centre of the Slovak Ministry of Foreign and European Affairs provides information about international markets and opportunities and current economic news. It further organizes participation in fairs and exhibitions abroad. In cooperation with the Slovak Chamber of Commerce and the SARIO agency, the centre organizes over 100 business missions and uses its project scheme to fund around thirty events. Representatives of companies and professional associations may apply for funding to be used for local contacts and international partner assessment.

 

“Smaller Slovak exporters are often afraid of entering international markets because, despite the many advantages, export also carries certain risks. That is why setting up business relations with SMEs requires a personal approach and expert advisory, which makes it possible to strike business deals with foreign customers,” said Monika Kohútová, general manager of EXIMBANKA SR. From October 2019, Slovak exporters can take advantage of reduced export credit rates which are applicable for selected developing countries.