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Massachusetts Institute of Technology (MIT) and Skolkovo Foundation on Saturday signed a preliminary agreement to establish Skolkovo Institute of Science and Technology (SIST), Skolkovo President Viktor Vekselberg said.

The agreement, which was signed at the St. Petersburg International Economic Forum, plans a three-year collaboration between MIT and the Skolkovo Foundation. It is a preliminary statement of shared intention: MIT and Skolkovo Foundation will next prepare a definitive agreement that they anticipate signing in early fall.

 

To read the full, original article click on this link: MIT to help set up Skolkovo Institute of Science and Technology | Science | RIA Novosti