Motorists Insured in Azerbaijan to Be Able to Move Freely Across European Economic Area Soon
From April 1 motorists of Azerbaijan will be able, being insured under the Green Card, to freely cross the European Economic Area.
As stated in the report of the Compulsory Insurance Bureau (CIB), a letter with the notification was received from the International Association of National Motor Insurance Bureaus.
The list includes Switzerland, Bosnia and Herzegovina, Macedonia, Montenegro, Turkey, Iran, Moldova, Ukraine, Tunisia, Andorra, Albania and Morocco.
Due to the fact that Azerbaijan has no bilateral agreements under the Green Card with Israel, Russia and Belarus, local motorists need to purchase insurance at the entrance to the border. This also applies to motorists of these three countries when entering the territory of Azerbaijan. --17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review