Russia and Sweden will cooperate on energy efficiency and international trade; the government ministers from Russia and Sweden have signed a memorandum of understanding.
In a joint press conference with Swedish Prime Minister Frederick Reinfeldt on 28 April 2011, Russian Prime Minister Vladimir Putin did add one detail – the planned creation of a joint research facility.
“We are interested in developing close cooperation in energy efficiency and renewable energy sources and we have agreed to work through our energy agencies and draft a project for a Russian-Swedish centre on innovation and energy efficiency,” Putin said.