Analysis of official export support possibilities in the Slovak and Czech Republic

Global export market is characterized by increasing share of officially supported trade. Private players are reluctant to enter riskier business transactions due to uncertainty caused by the negative effects of global financial crisis. Regardless the level of economic development, countries around the world are introducing new measures to increase the competitiveness of its exports, sometimes by using tools which are not compatible with state support rules within OECD and EU. It is of the utmost importance for economies to include these development trajectories into its export strategies, especially for open economies as for the Slovak and Czech Republic. To what extent is this development reflected into Slovak and Czech export schemes would be together with the analysis of new areas of business opportunities for the SR and CR officially supported exports would be the main goal of this article.