Abstract
At the current stage of international trade development, export credit agencies, being specialized state institutions designed to support exports and investments abroad through the use of complex credit and insurance instruments, are beginning to play an increasingly dominant role in the system of state stimulation of foreign economic activity. One of the largest export credit agencies in the world, in terms of the volume of support and financial products offered, is the Italian export credit agency SACE. This article is devoted to analytical review of the activity of the Italian export credit agency SACE, which is one of the main instruments of the Italian government in the implementation of foreign economic policy and increasing the overall competitiveness of the national economy. The article considers the stages of formation, peculiarities of functioning and the key role of SACE in supporting the segment of small and medium-sized enterprises as the most important segment of the Italian economy in terms of contribution to GDP.
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