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Mishustin: a free customs zone may appear on the Kuriles

Mishustin: a free customs zone may appear on the Kuriles
Photo: Press Service of the Government of Sakhalin Region

On the Kuril Islands, a regime of free customs activities may be introduced, Mikhail Mishustin said. He began his working trip to the Far East from Iturup Island.

According to TASS, the Russian Prime Minister said that the country's authorities are discussing a set of measures that should make economic activity in the Kuril Islands as effective as possible.

In addition to the free customs zone regime, it is planned to exempt entrepreneurs investing in the islands from some taxes. Organizations engaged in financial intermediary activities will not be able to apply for such an exemption, and tax exemption is not applicable to the production of excisable goods.  

Mikhail Mishustin said that he will present the whole range of measures to Vladimir Putin when he returns from trips to the Far East.
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