Finland and Russia cooperate further in nanotechnology

The cooperation between Finland and Russia aims at increasing constructive and practical discussions on how to ensure that nanoscience research translates into economic well-being in both countries.

The Finnish Ministry of Employment and the Economy and the Russian Corporation of Nanotechnologies (Rusnano) signed the Memorandum of Understanding on cooperation in Moscow at the beginning of December.

The agreement covers collaboration in information exchange on national nanotechnology policies, support for ongoing commercialization efforts in nanotechnology within both countries, certification, standardization and the protection of intellectual property rights, as well as support for developing technology road-maps and arranging joint seminars and mutual visits.

In Finland, nanotechnology is one of the priority areas of the national innovation policy, and the sector receives extensive public and private investment. The Finnish Nanoscience and Nanotechnology Programme FinNano comprises coordinated action at a national level to increase expertise in science and technology.

"One of the aims of Finland’s national innovation strategy is to strengthen cooperation and to build partnerships with the world’s leading innovation centres. Russia is one of the leading countries in nanotechnology," said Mikko Alkio, State Secretary of the Finnish Ministry of Employment and the Economy, at the signing.

Finnish public funding organizations, including Tekes, will be investing more than EUR 120 million in nanoscience and nanotechnology programs between 2005 and 2010.

Russia plans to invest some USD10 billion in nanotechnology development programs in the mid-term, a deputy prime minister announced at an international nanotechnology forum in Moscow today, according to RIA Novosti.

Nanotechnology would have wide-ranging applications also in energy production, energy efficiency, and water purification.

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