Business

Online system to improve insurance market

Azerbaijan takes serious steps to improve insurance market which includes an online system leading to the significant simplification of the work process for insured persons in case of insured events and shorten the time of working with officials when receiving necessary documents.
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Country sees increase in GDP growth

Azerbaijan’s economy could attain positive indices of growth due to successive implementation of reforms. Increasing capacity of the economy, rising competitiveness and technological innovations enabled to diminish country’s dependence on oil and gas exports.
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Insurance market improves in Azerbaijan

Work is underway in Azerbaijan to automate the regulation of relations in the insurance market, in particular, new software is to be introduced, the chairman of the board of the Azerbaijan Insurers Association (ASA) Azer Aliyev told Trend in an interview.
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Industrial production grows in Azerbaijan

In January-June 2019, the volume of industrial production including manufactured products and rendered industrial services in Azerbaijan amounted to 23.6 billion manats, which is 1.8 percent more compared to January-June 2018, Trend reports referring to State Statistical Committee of Azerbaijan.
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Over 1,600 EU member states' companies operate in country [PHOTO]

Azerbaijan and EU successfully cooperate in various fields, and the bilateral relations are constantly developing. To date, important documents such as Partnership and Cooperation, Visa and Readmission Agreements, Action Plan under the European Neighborhood Policy and the Eastern Partnership Initiative have been signed that raised the relations to a higher level.
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