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MOSCOW, January 17 (RIA Novosti) - Russia"s...

MOSCOW, January 17 (RIA Novosti) - Russia"s annual nanotechnology production must reach at least 1 trillion rubles ($41 billion) by 2015, Russia"s science and education minister said on Thursday. Following a government session on nanotechnology development in Russia, Andrei Fursenko said the figure was attainable, if ambitious, and could be achieved if the industry received the necessary legal backing for its development, including a development program to run until 2015, as well as further financial support by the government. The nanotechnology development program forecasts that Russia"s annual output in the sector will reach 900 billion rubles by 2015, and the share of Russian nanotechnology produce in different sectors should be no less than 3% of the world hi-tech market. Fursenko said his ministry was working with a consumer rights regulator on research into the health safety of products and materials related to nanotechnology production. He also said the issue of proprietary rights in the sector had been resolved in principle, and established in the Civil Code, but that a number of laws still had to be adopted. Fursenko said that the rights to the results of nanotechnology research in most cases should belong to research and development entities even if budget funds have been used.


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Several Russian car manufacturers have asked...

Kommersant said a group of car manufacturers, including French Renault, Fiat partner Sollers and Russian AvtoVAZ, has requested that requirements be tightened for foreign investors.

If it came into force, foreign car producers would have to have exclusive intellectual property rights on cars and motors produced in Russia. This means Western auto concerns would have to open their own engineering centers in Russia.

These proposals would not deal with already operating automobile concerns because they signed agreements to regulate their work in Russia in 2006-2007, which cannot be changed. A project between Peugeot - Citroen and Hyundai, due to start in 2010, will also escape the proposed changes.

However, the majority of car assembly agreements are due in 2013-2014 and the car manufacturers requesting the new requirements believe agreements signed after 2013-2014 should include the new amendments.

Sources at the Ministry of Economics have already criticized

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