/ / News
17.11.2011

CIS to set up innovative transnational companies

MINSK, 17 November (BelTA) – There are plans to set up transnational companies in the CIS innovation sector, Chairman of the State Science and Technology Committee of Belarus Igor Voitov said in a meeting of the CIS Interstate Council for Sci-Tech and Innovation Cooperation on 16 November.

The official emphasized the role of the CIS interstate innovation development program. He said that the CIS has been forming new technological platforms. “Today we have nearly 240 new draft innovative projects in energy, transport, IT penetration, and production of new materials. The committee suggests setting up joint corporations and transnational companies to operate on the CIS and global markets,” he said. This is a priority for further development and financing of the projects.

According to Igor Voitov, the CIS continues adjusting the legislation of its member states in a bid to establish the single sci-tech space.