Russia will establish a moon colony by 2040, the space agency announced

Getting a human-crewed landing to set up a lunar base is the top priority 

News comes just after NASA revealed it plans to take America back to the moon using private firms

Russia will establish a moon colony by 2040, the federal space agency announced.

According to officials, getting a human-crewed landing to set up a lunar base is the top priority.

The news comes just after NASA revealed it plans to take America back to the moon 'to stay' using private firms to run the business.