In the registry of foreign insurance and reinsurance companies there is not a specialized structure of the Russian RESO, said the State Insurance Supervision Service under the Ministry of Finance of Azerbaijan.
It is an official denial of the misinformation on the website Virtual Azerbaijan published on September 24. According to colleagues called "investigative journalism," the insurance company owned by a Russian billionaire of Armenian descent has taken the proper niche in the local insurance market.
Turan regularly tracks changes in the registry and reports that the list (http://www.sigorta.maliyye.gov.az/node/22) of foreign insurance and reinsurance companies does not mention a structure with the name of RESO.
For the record - the last Russian insurer LLC SK Master-Garant entered into the register in March this year. The roster has 93 foreign insurers, including 16 representatives of Russia. - 17D-
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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