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Russia could learn from Silicon Valley - Medvedev

© RIA Novosti . Ekaterina Tchesnokova / Go to the mediabankRussian President Dmitry Medvedev
Russian President Dmitry Medvedev - Sputnik International
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Silicon Valley could be useful for Russia as an example of the ways in which Russia can modernize its economy, Russian President Dmitry Medvedev said before setting off on a three day visit to the United States on Tuesday

Silicon Valley could be useful for Russia as an example of the ways in which Russia can modernize its economy, Russian President Dmitry Medvedev said before setting off on a three day visit to the United States on Tuesday.

Medvedev, who seeks to diversify the Russian economy by reducing its dependence on oil and gas exports, has made developing hi-tech sectors and encouraging research the focal point of his economic agenda. He is now pressing ahead with the creation of a national hi-tech research hub in Moscow suburb Skolkovo, dubbed by the media as the Russian Silicon valley.

During the trip, Medvedev will visit Silicon Valley and meet for talks with his U.S. counterpart Barrack Obama.

Before leaving, Medvedev held a meeting of the Russian Security Council to discuss "a range of Russia's approaches to relations with the United States."

GORKI, June 22 (RIA Novosti)

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