POLITICAL RISK - Rushing In

Russia and China are defending their ties with Iran as both face rising pressure from the US to impose further economic sanctions. One of Iran's nuclear power plants is on schedule to begin producing electricity by the end of 2010. It is due to receive a shipment of nuclear fuel from Russia in August to activate the reactor. The deal underlines that political relations with Russia are still good, and may back Iran's claims that its nuclear ambitions are not aimed at making weapons. Beijing has also defended its ties with Iran, reiterating that its business deals are legitimate and

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