Last week’s laws, orders and decrees in Azerbaijan (Jan. 22-26)

Azerbaijan preparing new law on stimulating agricultural insurance

The Committee for Agrarian Policy of the Azerbaijani parliament will view the draft law "On Stimulation of Agricultural Insurance" in May 2018.

This is stipulated by the plan of legislative work of the committee for the spring session of 2018, approved on Jan. 26 at the parliament's meeting.

Chairman of the parliamentary committee Eldar Ibrahimov said that currently, the Ministry of Agriculture of Azerbaijan continues work on the draft law.

"The project was to be submitted to the parliament during the autumn session last year, but it was not fully developed. We hope that at the spring session the drafting of the bill will be completed," noted Ibrahimov.

The average tariff for agricultural insurance is about 1,500 manats per year (five percent per one hectare), and the average profit per hectare is about 25,000 manat per year in Azerbaijan.

According to the Financial Market Supervisory Authority (FIMSA), premiums in the agricultural insurance market amounted to 4.33 million manats, and payments totaled 1.51 million manats in 2017.

Azerbaijan's anti-doping law in world’s top-10

The law on anti-doping, prepared by the parliamentary committee of youth and sports, is included in the top ten laws of the world in this sphere, the committee's Chairman Fuad Muradov said at its meeting on Jan. 26.

He said that many countries ask Azerbaijan to translate this law.

He also spoke about the plans.

During the spring session of the parliament, amendments and additions are envisaged to be made to the laws "On Youth Policy", "On Physical Culture and Sport", preparation and discussion with the Ministry of Healthcare of a new law "On Reproductive Health", as well as the analysis of provisions of normative legal acts related to youth and preparation of proposals for their improvement in line with the State Program "Azerbaijani Youth in 2017-2021".

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