Russia could control 3% of global nanotech market by 2015 - Medvedev

MOSCOW. Nov 3 (Interfax) - Russia could increase its share of the world market for nanotechnologies to 3% before 2015, Russian President Dmitry Medvedev said.

"If we manage to put our plans into practice and to bring the output of appropriate products to approximately one trillion rubles by 2015, Russia's share of the global nanotechnology market will rise to 3%," Medvedev said at an international forum in Moscow on Wednesday.

The government's goal is not to establish only a few major enterprises making high technology products, but to create a full-fledged nanotechnology sector, the president said.

Medvedev said that en route to the forum's venue, he watched the event live on his cell phone.

One of the participants in the forum asked: "Is it possible to establish an advanced innovative production facility in Russia?", the president said.

"The way such a question was put is absolutely fair, but, on the other hand, we sometimes get too involved in discussing what can or cannot be created. We simply need to create and move forward," he said.

Russia is open to integration into the global nanotech community, and domestic development institutions such as state-run corporation Rosnano and Vnesheconombank have already started to promote their projects abroad, Medvedev said.