Azerbaijan to start applying TARSIM soon

15:29 - 28.06.2019


June 28, Fineko/abc.az. In the near future Azerbaijan is likely to begin the application of TARSIM - the Turkish model of agricultural insurance.

The statement was made at a media conference by Mirza Aliyev, the head of the State Service for Management of Agricultural Projects & Loans under the Ministry of Agriculture at International Insurance Forum "Insurance Market of Azerbaijan: Trends & Opportunities".

He noted that TARSIM is the most progressive model in the field of agricultural insurance in the world.

"The law has already been drafted. We need to act in several stages. The first of them, of course, is the approval of the law by country’s president. At the same time, an agricultural insurance body should be established. With the participation of insurance companies, a management organization should be created and an electronic system be introduced. Our goal is to implement this as soon as possible, so that our farmers could use this system already next year," Aliyev said.

 

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