By Prensa Latina,
Moscow : Russia and China will sign a cooperation agreement that will bolster them to world nanotechnology leadership.
Leonid Melamed, director of Russia’s state-run Rosnanotech Corporation, described as fruitful the talks with Chinese Science and Technology Minister Wan Gang.
Radio Mayak said the parties will run a joint venture to produce competitive items although Melamed admitted that Russia and China trail the US, Japan, the EU and South Korea in the field.
Still, Russia and China could jump to leadership positions by developing projects based on this science that by 2014 are expected to yield over $3 billion dollars.
Nanotechnology manipulates matter at molecular level and helps build electronic circuits at a very small scale.
Its multiple uses run through fields and specialties like electronics, medicine, engineering and chemistry.