By 1 November, 1,686 contracts in electronic form on compulsory insurance of liability of owners of vehicles (TPL) were registered, the Bureau of Compulsory Insurance said.
323 of these agreements relate to vehicles in transit, passing through Azerbaijan.
The total amount of insurance payments on compulsory motor TPL insurance totaled 124,065 manat.
Note that since November 1, 2016 MTPL policies in Azerbaijan have been issued only in electronic form. If the insurance company's website has organized online sale of insurance policies, the contracts can be purchased directly; if not, you can contact the company and provide it with the data necessary for the acquisition of the contract. After that, the insured person receives a text message with the number 9707, which indicates the billing code, and the same message comes by e-mail. After payment of the sum insured the contract enters into force. The payment can be made in a bank, a post office, payment systems on the Internet, and payment terminals of banks. ----71D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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