Russia science group declared 'foreign agent' disbands

Image
AP Moscow
Last Updated : Jul 08 2015 | 5:02 PM IST
The foundation that was Russia's largest source for private grants for science has decided to disband after being placed on the country's list of "foreign agents."
The Dynasty foundation's board made the decision on Monday, according to a statement on its website.
The foundation has provided support for scientists, fellowships and visits to Russia by foreign scientists.
Russian law requires non-governmental organizations that receive funding from abroad to register as "foreign agents," a term carrying Cold War spying connotations.
The Justice Ministry declared Dynasty a foreign agent because its Russian head funds it with money from foreign bank accounts.
Dynasty was to allocate about USD 8 million in grants this year. The foreign agent label would have made it nearly impossible for it to support state-funded libraries, schools and colleges.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 08 2015 | 5:02 PM IST

Next Story