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Russia’s leadership in space industry to be fostered

Moscow, Russia, 6 July 2006: Russia needs to make every effort to keep its leadership in the space industry, Prime Minister Mikhail Fradkov stated at a government meeting convened to discuss the strategy for this sector up to 2015. In his opinion, to retain its position, Russia needs to provide additional financing in this sphere, organize things better, modernize its enterprises and implement state-of-the-art technologies.

The space industry is not only about launches and manned space operation, but developing a wide range of sectors on the basis of space technologies, safeguarding the country’s defence capacity and security, furthering communications and Remote Sensing, and manufacturing equipment that can be used in all the sectors of the economy, Fradkov said, believing that some of these areas were being neglected.