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Foreign Trade: € 35m for Promotion of Exports

Published: July 4, 2011; 15:29 · (Vindobona)

82% of Austrian exports go to other European countries. The state and the Economic Chamber start a new initiative to increase trade with BRIC countries.

Foreign Trade: € 35m for Promotion of Exports / Picture: © Flickr

The Austrian Economics Ministry will spend € 35m on export promotion measures in the next two years in order to support the current boom in foreign trade. Economics Minister Reinhold Mitterlehner and President of the Economic Chamber (WKÖ) Christoph Leitl on Monday announced that domestic enterprises should increasingly focus on non-European countries as these would show much higher…

This article includes a total of 209 words.

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