Putin proposes extending term of Russia's Central Bank chiefBusiness & Economy March 22, 21:49
Mayor says investigation into London attack is underwayWorld March 22, 21:16
Ukrainian radicals urge Poroshenko to nationalize Russian banks’ subsidiariesBusiness & Economy March 22, 20:51
Peru is back on 2018 Dakar Rally track alongside with Bolivia, ArgentinaSport March 22, 20:08
Three dead, twenty injured in London attack — policeWorld March 22, 19:59
Stadium in Russia's Dagestan to be named after pole-vault queen IsinbayevaSport March 22, 19:19
Top pilots to fly Su-30SM jets over Moscow on Victory DayMilitary & Defense March 22, 18:53
Russian design bureau ready to integrate BrahMos missiles into frigates for Indian NavyMilitary & Defense March 22, 18:50
London police say they are treating Westminster incident as terrorismWorld March 22, 18:45
MOSCOW, October 26 (Itar-Tass) —— A broader financing program for fundamental scientific research in Russia is the top priority for the country that will allocate about eight billion dollars until 2014 for this purpose, Russian President Dmitry Medvedev said at a plenary meeting of the International Forum of Nanotechnologies on Wednesday. Scientists, businesspeople and experts from more than 50 countries are participating in the forum.
The president welcomed the specialists, including such prominent members of the world scientific community as President of the Massachusetts Institute of Technology Susan Hockfield and a legendary US scientist Eric Drexler, who is considered as the ‘father’ of nanotechnologies, who introduced the term in 1986.
Medvedev noted that Russia is developing the nanotechnologies in the right way, particularly because the infrastructure in this sphere “is under creation on the right basis,” and “the state component is supplemented with private business.” “The share of the RUSNANO state-run corporation always makes less than 50% in such projects,” he elaborated. The remaining share falls on private investors. Meanwhile, RUSNANO is seeking to withdraw from the projects of private companies at the stage when the developments gain some positions on the market. “The main mission of the state is to quit timely,” Medvedev noted.
He also noted a major role of international cooperation in this sphere, moreover, the investments in new high-technological developments is “a risky business.” In this respect, Medvedev find it important that a major innovation forum, which opened in Moscow, “will give a good platform for mutually beneficial and promising agreements and treaties.”
The president recalled that specialized funds and lending financial institutions, including Vnesheconombank, should be engaged in the financing of the works in nanotechnologies in Russia. The Vnesheconombank credit portfolio exceeds ten billion dollars in investment projects. The president also wished the business “to expand the scientific thinking of businesspeople along with the development of the scientific thought.”
Finally Medvedev pledged that the termination of the modernization programs in Russia is not in question, as some commentators are seeking to present it over coming parliamentary and presidential elections. “As for the modernization, we do not curtail anything and will keep building it up,” the Russian president underlined.