MOSCOW, Oct 24 – The following are some stories in Russia’s newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.


– The Russian government is prepared to allow imports of certain goods for up to 5 years from 2021 for companies that don’t have permission to do so from trademark owners. The government believes the move could help reduce prices and increase competition, but businesses are opposed to the move and are threatening to reduce investment, the newspaper says.

– Russian airline S7 plans to replace its entire fleet of aircraft with new generation planes by 2024, S7’s director of strategy, Grigory Davydov, tells the newspaper.

– Russian vegetable producer Eco-culture will invest $550 million in tomato production in Uzbekistan, the daily reports citing the company’s president, Alexander Rudakov.


– The Russian government has disclosed the terms of a tax dispute settlement between Russia and ExxonMobil over the Sakhalin-1 project. The sides have agreed ExxonMobil’s subsidiary, Exxon Neftegaz, will pay a 35 percent income tax and receive an oil extraction license valid until 2051, the newspaper reports.

($1=65.5315 roubles) (Compiled by Margarita Popova Editing by Tom Balmforth)


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