OREANDA-NEWS. October 27, 2009. The government approved an action plan for developing the export capability of Estonian businesses over the next three years presented by the minister of economy and communications.

The plan contains a list of actions aimed at attracting and increasing the impact of foreign investment and at raising the export capability of Estonian enterprises.

It combines measures provided for by previous strategies and those that are already being implemented, creating a comprehensive picture of how state support for the internationalization of Estonian enterprise works, the governmental press service said.

In addition to actions in planning and in progress, the plan contains a number of new initiatives which need to be put into effect in the next three years.

The strategy will be financed from the state budget, structural funds of the European Union and other sources where possible. The eventual sum total of investments depends on administrative and political decisions.