November 17 and November 20 will be another certification of persons wishing to obtain a license to operate as an insurance agent and executive staff of insurance companies.
As noted in the report of State Insurance Supervision Service of the Ministry of Finance of Azerbaijan, applicants are required to confirm that they want to participate up to 17:00 on November 16. They must report to the email address a.alizade@maliyye.gov.az.
The examinations are conducted in accordance with the "Rules of Certification for candidates for executive positions in insurance organizations and individuals interested in obtaining a license to operate as agents in the insurance industry."
To successfully pass the test certification, the candidates have to give correct answers to at least 70 of the 100 proposed issues.
The activities of insurers, including sole proprietors, are licensed under Article 83.2.2 of the Law of Azerbaijan "On Insurance".
Since March 15, 2009 agency activity has been under license. - 17D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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