Russia will introduce unprecedented incentives for businesses aiming to invest in the Kuril Islands, including a 10-year tax exemption, President Vladimir Putin said at the plenary session of the Eastern Economic Forum on Friday. “We need to create a competitive environment for our partners to work here. This means that the parameters of the tax burden, the cost of borrowed capital, the speed, and the quality of public services for business should be globally competitive. The best, not better [environment], and the best in the entire Asia-Pacific region,” Putin said. Also on rt.com
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