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Electronics Production | April 19, 2007

Russia to invest over US$1<br>billion in nanotechnology

In the next three years Russia will invest over US$1 billion in nanotechnology.

Russia will pour over US$1 billion in the next three years into equipment for nanotechnology research. First Deputy Prime Minister Sergei Ivanov said "(Nanotechnology) is a very promising scientific and technical field, capable of fundamentally changing the model of the Russian economy ... from a fuel economy to an economy of the future.", Nanotech reports.
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