Russia’s involvement with the International Space Station—as evidenced by this remarkable shot of Soyuz TMA-07M, flying high above the Sahara during rendezvous operations on 21 December—is expected to continue throughout the next decade. Photo Credit: NASA

Russia to Spend $70 Billion on Space Program in 2013-2020

By Ben Evans

Russia is expected to spend 2.1 trillion rubles—about $70 billion—on the development of its national space industry in the next eight years, according to a statement last week by Prime Minister Dmitri Medvedev, which was quoted by Space Daily and RIA Novosti. He revealed that the plan is designed to satisfy three fundamental aims: ensuring that Russia maintains its position as a leading global space power, supporting its defense capability, and boosting its overall economic and social development. “The program will enable our country to effectively participate in forward-looking projects,” said Medvedev, “such as the ISS, the study of the Moon, Mars, and other celestial bodies in the Solar System.”

Read more: Russia to Spend $70 Billion on Space Program in 2013-2020 « AmericaSpace.

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