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June 7th, 2007
Russian Minister Expects Economic Boost from Nanotechnology
The economic effect from using nanotechnologies in certain areas will benefit Russia more than all the nuclear and space projects of former USSR, First Deputy Prime Minister Sergey Ivanov has said.
"Scientists and specialists believe that the use of certain nanotechnologies will give us more than all the nuclear and space projects of the Soviet Union altogether," Ivanov said at a meeting with Russian youth activists today.
He called the development of nanotechnologies "a breakthrough" project, recalling that this year alone over R130bn will be channelled into the state nanotechnologies corporation, which is to be formed this year.
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