Russian-Held Islands: Ulyukayev and Putin

russian-held islands: Ulyukayev arrest and dismissal could impact bilateral talks on economic cooperation launched after Prime Minister Shinzo Abe presented Russian President Vladimir Putin in May with an eight-point plan aimed at settling the territorial dispute and concluding a post-World War II peace treaty, according to The Japan Times. The two countries are negotiating the status of the Russian-held islands off Hokkaido ahead of Abe December meeting with Putin in Japan. Kremlin spokesman Dmitry Peskov told reporters that Russian President Vladimir Putin had dismissed Ulyukayev after losing trust in him. We are talking about extorting a bribe, together with threatening Rosneft. Ulyukayev is alleged to have received 2 million for a positive assessment by the Economic Development Ministry that enabled Rosneft, a state oil company, to take a 50 percent stake in Bashneft, a medium-size oil company. Ulyukayev was caught red-handed when receiving the money, Russia Tass news agency quoted Svetlana Petrenko, a spokeswoman for the Russian Investigative Committee, as saying. (news.financializer.com). As reported in the news.

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