18 April 2007
BUSINESSWEEK (US)--Russia will pour over $1 billion into equipment for nanotechnology research over the next three years as it uses massive oil and gas export earnings to diversify an economy now heavily dependent on raw materials, First Deputy Prime Minister Sergei Ivanov said Wednesday.
Ivanov predicts that 90 percent of nanotechnology developments will be for civilian purposes and 10 percent for military purposes. Source:
http://www.businessweek.com/ap/financialnews/D8OJ4NS80.htm (Reliability 8.5)
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