The Bureau of Compulsory Insurance has paid compensation in the amount of 5,000 manat for the death of a man in a traffic accident.
As noted in a press release the Office, the accident occurred May 13, 2013 in the village of Mardakan and compensation was paid in non-cash on August 21.
The Bureau of Compulsory Insurance was established in the framework of the law "On mandatory types of insurance." Members of the Bureau are currently 12 insurance companies operating in Azerbaijan. One of them, Alfa Sigorta, has been deprived of the opportunity to insure customers through the liability of owners of vehicles, which is discrimination on the part of the Ministry of Finance. - 17D-
Economics
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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