Indian ships in Iran eye China as sanctions may cancel their insurance

The China Post Tuesday 21st February, 2012

NEW DELHI/SINGAPORE--Indian shipping firms will find it difficult to obtain replacement insurance coverage to continue importing Iranian crude oil after new European Union sanctions come into effect, industry sources said.

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    I am very grateful to the assistance of the American Embassy and the promise of the Chinese government for protection of my rights as a citizen over the long term. I am very gratified to see the Chinese government has been dealing with the situation with restraint and calm.

    Chen Guangcheng

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