BAKU, Azerbaijan, Mar. 14
Integration of civil liability insurance systems for vehicle owners (Green Card systems) between Azerbaijan and Turkey will contribute to the expansion of trade relations between the two countries, Atilla Benli, chairman of Turkish Insurance Association, said, Trend reports.
According to Benli, the main goal of the systems integration is to strengthen cooperation with Azerbaijan and other Turkic countries, as well as to develop insurance sector.
"The protocol signed today will contribute to the process of commercial transportation between Azerbaijan and Turkey," he said.
In accordance with the protocol of cooperation on the Green Card systems’ integration between the Azerbaijan Compulsory Insurance Bureau (CIB) and the Turkish Motor Insurers’ Bureau (MIB), the authenticity of insurance policies will be verified using digital technologies at the customs and border checkpoints of the two countries.