OREANDA-NEWS. November 10, 2011. RUSNANO CEO Anatoly Chubais and Daewoo International Corporation CEO Dong Hee Lee have signed a memorandum of understanding. The memorandum provides a framework for a cooperation of RUSNANO and Daewoo in clean technology, biotechnology, smart technology, microelectronics, automotive components, IT, telecommunications and other nanotech-related areas. The memorandum was signed at the International Nanotechnology Forum RUSNANOTECH 2011 in Moscow. The event was attended by General Manager of Daewoo International Moscow Office Brian Kim, RUSNANO Managing Director Dmitry Pimkin and other senior managers of both companies.

Mr.Dong Hee Lee said: “Daewoo International Corp had been successfully developing numerous business by utilizing its global networks. Strategically, Russia is one of most important countries for Daewoo. We plan to expand our business through the close partnership with Rusnano to the benefit of both countries”.

Anatoly Chubais stated: “Daewoo International plays a major role in the dynamic growth of Korean economy. This agreement will allow us to further develop our international business in the optoelectronics field. We have a whole list of projects to fulfill in the frame of this partnership”.