VLADIVOSTOK, Russia -- Russia will grant extensive tax breaks to a chain of Pacific islands to lure international investment, President Vladimir Putin said Friday, a move that would include the Northern Territories off Japan's Hokkaido which the Soviet Union invaded in the waning days of World War II.
International relations
Russia to tighten grip on islands claimed by Japan with economic zone
Putin strikes a conciliatory with Tokyo, calling the lack of a peace treaty 'nonsense'
Russian President Vladimir Putin speaks at the Eastern Economic Forum in Vladivostok on Sept. 3. © Reuters
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