Azerbaijan improves legislative base relating to agricultural insurance


A final discussion of a draft law to improve the Azerbaijani legislation in the field of agricultural insurance has been conducted.

The Ministry of Agriculture reports that wrap-up discussion was conducted by the workgroup consisting of representatives of the Ministry, the Financial Markets Supervision Chamber and the International Finance Corporation (IFC).

"The new bill is designed to improve the legislative base in the sphere of agricultural insurance, development of the modern model of agricultural insurance, organization of relevant regulatory framework for the effectiveness of the system and the creation of appropriate technical base," the MoA informed.


Keywords: IFC