MOSCOW (AP) -- Russia needs to move beyond the industrial legacy of the Soviet Union and build a modern high-tech economy to survive, President Dmitry Medvedev said Thursday in his annual state-of-the-nation address.
He ordered a sweeping modernization of aging Soviet-built military arsenals, and called for a foreign policy aimed at attracting investment and improving living standards."We mustn't puff out our chest," he said, speaking in an ornate Kremlin hall before parliament members and government officials. "We are interested in the flow of capital, new technologies and modern ideas."
The New York Times