21 may 2010 13:12
Ukraine, Russia to set up joint oversight board for innovative development
Ukraine and the Russian Federation, in the framework of the initiative regarding the establishment of Ukrainian-Russian Innovation Fund, will set up a joint oversight board, Vice-Prime Minister Volodymyr Semynozhenko told reporters.
"We will create a joint oversight board, which will prepare a mechanism for approval of projects and proposals, negotiate a parity basis of who has the right to use the results of a particular joint innovation project," he said.
According Semynozhenko, above all this is cooperation in areas like establishment of communication system 4G, joint production of high-level medical equipment and others.
The Deputy Prime Minister said that the idea for the establishment of a Ukrainian-Russian innovation fund was raised during the meeting between the two countries' presidents. Now the governments are preparing an order, which will include this item.
"The problem of both Ukraine and Russia is the actual absence of innovative industries, when the world trend is combination of efforts in priority areas of scientific development," Semynozhenko said.
UKRINFORM