Russia taps geekpower for growth
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MOSCOW — US-Russia trade has yet to live up to the reset in political ties but US firms believe Russia’s human resources can soon do for high-tech engineering what India did to the IT sector two decades ago.
Vice President Joe Biden this week lamented on a visit to Moscow that annual trade between the two countries was equivalent to just a few days of commerce with neighbors Canada and Mexico.
But executives at some of North America’s biggest companies are grasping onto a vision of a 24-hour production cycle in which Russian engineers zip their drafts to board room executives in Europe and the United States.
The US aerospace and defense behemoth Boeing now has a $27 billion plan in place to purchase Russian parts and R&D services — with much of the focus placed on the latter..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20110315com6.html
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