Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


Nano Corporation: investments in future or money laundering?
July 5, 2007 12:33


Nanotechnologies are knocking on our door; they are coming with new medical equipment, engineering systems and precision instruments. No wonder that the Russian authorities are looking forward to a new nano-project to be established. Many foreign developed countries proclaimed their policy concerning nano-technologies, they invest billions dollars in this field, since who holds information and innovations controls the future.

Nano-technologies are among the most popular topics discussed today in Russia they are advertised, observed and supported by many TV channels and newspapers. The project is compared to the Soviet space program and work on H-bomb, whats more, the way of implementing the program reminds of an old Soviet system to form giant state-controlled corporations responsible for everything and nothing at the same moment.

Yesterday the State Duma passed the law to establish a new Russian corporation of nanotechnologies (Rosnanotech). According to the document, the corporation is created a very powerful organization aimed at cooperation with politicians in the nanotechnological sphere, able to have bank accounts abroad as well as in the Central Bank of Russia.

The corporation cant go bankrupt, as the Bankruptcy Act doesnt apply to it. Besides, it will never be liable for debts of the country and Russia wont pay off the corporations debts. No federal, regional or local institutions have a right to control the business of the corporation, the head of which is appointed by president. The supreme authority of Rosnanotech will consist of 8 members and a director general with all the members appointed by the State Duma, the Federal Council, the government or president.

However, there is an opinion that the corporation will also serve as a money laundering machine due to its size and undefined tasks. It is to control all nanotech projects implemented in Russia and set out priorities. It is expected that the government will allot about 200 billion rubles (approximately US$7.75 billion) for a three-year period to finance the corporation activities, which is incredibly much for unsettled tasks. For this reason many are afraid that this money can be used improperly or simply stolen.

There is a problem that worries even scientists the corporation is to form a monopoly in the nanotech field, which respectively limits opportunities of the free market to select the most competitive ideas. Today the Russian research centres work mostly on nano-materials, while such prospective and promising spheres as nano-biotechnologies and new nano-projects in the energy-producing industry are undersold.

To develop new spheres the corporation needs lots of men of science, though Russian universities and scientific-research institutes are not able to provide Rosnanotech with so many efficient specialists at the moment. Therefore, the Russian system of higher education must be altered to meet the requirements of the corporation.

The project itself is very ambitious and it can lead the Russian technologies and industry to economic prosperity. Hopefully, the people responsible for its implementation are fair, incorruptible and smart.

Sources:

    www.lenta.ru
    www.newsinfo.ru
    www.nanometer.ru

Olga Pletneva


Tags:      

Next Previous

You might also find interesting:

Russian electronic gas platform makes gas trade rise Soviet speculators - illegal businessmen of the USSR To Drill or Not to Drill? Dollars dive against Ruble Amount Of Bribes In FIFA Made Up More Than $ 10 Billion Over 19 Years





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Golden Turtle  Ralph Fiennes  Russian business  Olga Berggolts  Russian Monuments  Christmas Tree  Russian social networks  Ivan Krylov  Achinsk  Moscow  Archeology  oil prices  Russian history  The Baseballs  Russian Arts and Crafts  Peterhof  Russian tourism  Archeological Finds  Russia-US  Industrial Tours  products ban  Barnaul  Miners  Russia international  Central Museum of Musical Culture  accommodation in Russia  Yandex  Karl Bryullov  Russian Literature  Staraya Maina  Russian laws  Russian Cinema  Siberia  Exhibitions in Moscow  Russian human rights activists  Politkosvkaya murder case  Russian Internet  Transaero  Volcanoes of Kamchatka  Sculpture  Russian weapon  Mikhail Khodorkovsky  Novosibirsk Regional Studies Museum  Science Awards  Mercedes-Benz Fashion Week Russia  Sochi  Passenger Cars  human rights in Russia  multipurpose museum center   Painting 


Travel Blogs
Top Traveling Sites