- CNTV English - CCTV News

China, Russia agree to cooperate on tourism safety insurance

10-30-2010 11:43 BJT

MOSCOW, Oct. 29 (Xinhua) -- China Life Insurance Company (China Life), Russia's Rosstrakh Insurance Company and travel association "World Without Borders" inked a deal here Friday on setting up a cooperative mechanism of travel safety insurance between China and Russia.

The agreement allows insurance companies from the two countries to provide service aboard for customers who buy insurance domestically.

The agreement will thus provide a platform for both governments to lower costs on coordinating travel safety and relevant insurance issues.

Sun Tao, general manager of China Life's international department, told Xinhua it was the first time for his company to cooperate with their Russian colleagues on behalf of China.

He said the signing of the agreement was a key link in the entire cooperative project of travel safety insurance between the two countries.

In the future all Russian tourists to China can buy insurance from their domestic companies, said Sun.

An emergency center set up by China Life can provide 24-hour aid and medical services they need under unexpected circumstance, he said, adding that China tourists to Russia would enjoy equivalent services.

Sun meanwhile noted that currently China and Russia have signed an agreement on mutual visa-free regime for tourist groups with at least five people. Those qualified companies in China and Russia now amounted to nearly 1,000 and 100 respectively.

The integration of Chinese and Russian insurance mechanism will firmly guarantee the future development of the two countries' tourism industry, he said.

According to Sun, Russia has now become one of the largest incoming tourist sources for China.

The "World Without Borders" travel association established in 2002 now unites about 100 Russian biggest tourist companies.

Editor:Yang Jie |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program