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October 6th, 2009
President of Russia Dmitry Medvedev took part in the Second Nanotechnology International Forum
In his speech at the Forum, President Medvedev insisted that everything should be done to make nanotechnology one of the strongest sectors of the Russian economy. Mr Medvedev said that Russia had all the intellectual, organisational and financial resources necessary to become a leader in this field.
The President noted that Russia has the world's largest government investment programme in the field of nanotechnology. By 2015 it will have allocated 318 billion rubles (more than 10.5 billion dollars) to the programme, and sales for Russia's nanotechnology industry are expected to reach 900 billion rubles.
To meet this challenge the country needs to take advantage of all the resources of Russian science and make the necessary changes in legislative, tax and customs regulations. Russia needs a system of state orders for the long-term procurement of innovative products as well as an up to date system of national standards.
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