Putin announces tax benefits for seafood activity on Russia’s Kuril Islands

Published on
October 20, 2021
A pier in the Russian city of Yuzhno-Sakhalinsk on the island of Kunashir in the Kuril Islands. Russian President Vladimir Putin announced tax benefits for seafood activity on the islands.

Russian President Vladimir Putin has announced tax benefits for businesses operating on the Kuril Islands in the Sea of Japan (the East Sea), with the intention of making the area more attractive to both domestic and foreign investment.

Photo courtesy of knyazev vasily/Shutterstock

Contributing Editor reporting from Saint Petersburg, Russia

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