Kuril Islands Resolution with Japan Could Mean Huge Losses for Russian Seafood Industry
Russian leading fishery companies may bear multi-million dollar losses due to the possible transfer of the Kuril Islands to Japan, which is currently being discussed between the governments of Russia and Japan.
According to some Russian experts, both countries have never been so close to a solution of the issue of Kuril Islands since the end of World War II. The potential transfer were part of recent talks between Russia’s President Vladimir Putin and the Japanese Prime Minister Shinzo Abe, which were conducted in Singapore.
For Russian fishermen, the transfer ...
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