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March 21, 2011 12:27 pm

Israel Returns Jerusalem Landmark to Russia

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Orthodox church in the "Russian Compound", Jerusalem, Israel. Photo: Shaul Magister.

Forbes – Israel is returning to Russia a landmark in the heart of Jerusalem that was built by Czar Alexander II.

The decision to vacate the property known as Sergei’s Courtyard defuses a long-standing dispute between the two countries and could generate new goodwill ahead of Prime Minister Benjamin Netanyahu’s visit to Moscow this week.

An Israeli official says the authorities are “vacating the Sergei Courtyard in accordance with the understandings reached between Israel and the Russian federation.”

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