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European insurers willing to work with Iranian airlines: Organization

Posted On: Jun. 17, 2015 12:00 AM CST

Iran's Civil Aviation Organization has said that several European insurers are willing to work with Iranian airlines, reported Press TV.

These insurers are also ready to start preliminary negotiations with Iranian officials to determine the conditions for cooperation with Iranian airlines, said the aviation organization. Foreign insurers have avoided providing insurance and reinsurance services to their counterparts in Iran and the country's airlines in past years due to sanctions imposed on the country.

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