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Mapfre, China Re partner to cover Belt and Road projects

Chinese belt and road project

Spain-based insurer Mapfre S.A. and China Reinsurance (Group) Corp. have signed an agreement under which Mapfre will provide insurance for China's Belt and Road projects in Europe and Latin America, El Espanol reported. The Belt and Road Initiative includes the construction of roads, railways, ports, airports, pipelines, power plants and special economic zones across 132 countries worldwide.

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