Russian President Vladimir Putin Signals Interest in a Technological Offshore and Expanded Innovation Tools
During discussions at a session with moderators at the Eastern Economic Forum, Vladimir Putin signaled openness to a broader set of tools to accelerate Russia’s scientific development. He noted that existing measures to back innovation, including the creation and operation of innovation funds, may not fully sustain the pace of progress and urged colleagues to explore additional options.
Putin highlighted the potential for new mechanisms, specifically bringing up the idea of a Russian technological offshore. He stated his intention to consult with peers to evaluate how such an initiative could be designed and rolled out, with the aim of strengthening the innovation ecosystem and keeping high‑tech research and development competitive on the world stage.
In the same exchange, the president reminded officials of the broader objective: to motivate companies to invest in activities beyond their traditional areas of operation. He argued that stepping into unfamiliar fields could bring substantial benefits for the business sector and the country as a whole, including stronger national capabilities, job growth, and sustainable long‑term expansion.
Separately, Sberbank unveiled results from the first annual studies conducted by the Far East Artificial Intelligence Center. The findings underscored progress in applying artificial intelligence to regional development, finance, and industry, illustrating the sector’s potential to boost efficiency and spur innovation across Russia’s regions. The sharing of such insights reflects a continued emphasis on leveraging AI to support strategic aims in technology and economics.
Earlier reports noted expectations that Russia would undertake ambitious, long‑term satellite projects. Among these discussions were ideas about developing highly efficient propulsion concepts and renewable energy solutions to support orbital activities. While details remained exploratory, these conversations demonstrate a broader interest in advancing space‑related technologies as part of the nation’s scientific agenda.
Overall, the forum framed a vision of Russia pursuing an expansive toolkit for innovation, blending public funds with private investment, and seeking breakthroughs in fields that could redefine its scientific and industrial landscape. The interactions among state leadership, financial institutions, and technology centers point to a coordinated strategy aimed at sustaining rapid research, driving industrial modernization, and strengthening Russia’s role in global tech development. Source: TASS