Turkey recognizes Russian insurance for shipping by vessels

Turkey recognizes Russian insurance for shipping by vessels

Turkey recognizes Russian shipping vessel insurance, and India and China also recognize it, for the most part, though not fully, Russian Deputy Transportation Minister Alexander Poshivay told reporters on Tuesday.

He recalled that the specific terms and conditions are "determined by intergovernmental agreements".

"The issue [of recognizing Russian insurance] will have to be worked out with the entire world," Poshivay said.

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