Estonian government approves foreign investments and export action plan

TALLINN - The Estonian government approved on Thursday of the Estonian foreign investments and exports action plan 2012–14 "Made in Estonia" 2.0, Aripaev Online reports.

Economy and communications minister Juhan Parts said that Estonia's economic growth depends on how many products and services can be exported to foreign markets; in order to increase the export ability of companies, the focus will be shifted from financial support to offering services and raising the quality of services.

"One activity I foresee is changing Enterprise Estonia into a competence center, for the services of which entrepreneurs would be ready to pay a fee," he said.

In order to include foreign investments better, county development centers will be communicating more with foreign investors and on state level, more direct contacts with potential foreign companies would be created.

The aim of "Made in Estonia" 2.0 is to set strategic priorities and activities for the so-called intermediate years when the means of business support programs are ending but when already reorienting for next planning period's priorities has to be started, carrying out pilot projects and testing new approaches.