List of All Insurers on Green Card Defined
With membership AzerSigorta insurance company finally decided on a list of market participants with access to the international system of Green Card - now there are 11.
According to the information of the Bureau of compulsory insurance (ISB), the right to network services on insurance of liability of owners of motor vehicles received state commercial insurance company the day before.
This is done in accordance with article 50-2 of the law "On compulsory types of insurance", which states that for the provision of services within OSOGO companies must be in the registry Green Card.
Recall from January 1, Azerbaijan has become a transit member of the Southeast group Green Card valid for 10 years. The representative system - ISB. - 17D-
Economics
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Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
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Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
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Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely driven by supply shortages, inflation, and rising demand from investors, according to market analysts.
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The Small and Medium Business Development Agency of Azerbaijan (KOBİA) has focused its support efforts on the Baku economic region, approving 220 business plans from January to September 2024, underscoring its commitment to fostering business growth within the country.
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