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Russian President Visits California’s Silicon Valley

24. June 2010 by Gregg 0 Comments

Dmitry Medvedev in San Francisco with Twitter co-founders. Photograph: Jeff Chiu/AP

President Dmitry Medvedev has quite a reputation for being extremely technology-friendly, from his Presidential blog to his recent call to modernize Russia’s economy. The 44 year old politician has made one of his major policies as a President to be to build a high-tech city outside of Moscow, modeled off of the US’s own “Silicon Valley”.

 

To this end, President Medvedev has embarked on a mission to study the High-Tech center of the United States, touching down in California on Tuesday and meeting with Governor Arnold Schwarzenegger. He is set for an extensive tour of Technology royalty, meeting with the founders of Twitter and speaking at Stanford University. The Russian President has stressed the importance of working with international developers and thinkers to reinvigorate the Russian economy, currently largely based around oil and mineral exports.

In addition to the money and attention a more high-tech Russia would attract, the government is also seeking to woo back many of the thousands of engineers and scientists that the country has lost to others since the fall of the Soviet Union, as many emigrated to other countries to work for various governments and corporations who would pay significantly more than Russia could in the early 1990’s.

The suburb of Skolkovo has been designated the area that would be revamped into Russia’s technology center. The region is currently the home of The Moscow School of Management, a business school that Medvedev himself sits on the board of. Internationally known companies Nokia and Cisco are said to have already signed up to participate in the ambitious project.