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Home > News > Official says Russian economy promising

June 9th, 2007

Official says Russian economy promising

"What will Russia be like in 2020? It will be democratic, based on the rule of law, and it will respect the rights of individual," Ivanov said.

He also predicted it would control at least 10 percent of world production in nuclear energy, aviation, space industry, shipbuilding, software and nanotechnology. While Russia is creating state holding companies to oversee these sectors, they would work in close cooperation with foreign corporations, he said.


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