California Governor, Arnold Schwarzenegger, led a group of
U.S. investors and high-technology business representatives to for the International Forum of the Global Innovative Partnerships. The Russia U.S. delegation met with President Medvedev and other government officials, including representatives from Russia’s Corporation on Nanotechnology (RUSNANO), and toured the Skolkovo Innovation Center, Russia’s Silicon-Valley project just outside . During a speech at the Moscow event, Medvedev praised the Forum and stressed the need to cultivate a climate of trust and understanding in order to develop the international cooperation necessary to bring modernization and innovation to Russian business. As a result of Global Innovation Partnerships, RUSNANO officials project a $375 million investment from Moscow companies in Russian projects in the areas of alternative energy, microelectronics, medicine and biotechnology. U.S.