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Japan, Russia agree on economic ties; stalemate on territory

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TOKYO -- Russia and Japan agreed Friday to hold talks on joint economic development of four islands at the center of a decades-old territorial dispute between the countries.

 

It was a small step forward that fell far short of breaking the stalemate in a dispute that has prevented Russia and Japan from signing a peace treaty formally ending their World War II hostilities.

 

Joint development "would help foster trust toward a peace treaty," Russian President Vladimir Putin said at a news conference with Japanese Prime Minister Shinzo Abe after two days of meetings in Japan.

 

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