Azerbaijan produces over 20,000 PCR tests for COVID-19

So far, more than 20,000 PCR tests for COVID-19 have been produced in Azerbaijan, Co-founder of Diamed Co Syringe Manufacturing Plant Ayten Guliyeva said, Trend reports on Nov. 30.

Guliyeva said that a production line of PCR tests for COVID-19 was launched at the Diamed Co plant in Azerbaijan in August 2021.

“The production capacity of the plant is six million tests per year,” co-founder added. “At the same time, the daily production is 20,000 tests.”

Guliyeva stressed that the advantage of the PCR tests which are produced at the plant is their low cost.

“The prices for PCR tests will be reduced and their accuracy will be increased thanks to local production of these tests,” co-founder said. “It is possible to get a result within one hour thanks to our tests.”


Source: Trend News Agency

Azerbaijan’s Central Bank eyes introducing innovation in insurance sector

Azerbaijan’s Central Bank plans to introduce innovation in insurance sector, Director of the Insurance Supervision Department of the Central Bank of Azerbaijan Vusal Gurbanov said, Trend reports.

According to Gurbanov, more than 90 percent of cars in Azerbaijan are insured under compulsory civil liability insurance and insurance companies continue to receive many applications for this type of insurance.

“We are studying international experience and planning an innovation in the insurance sector. At present, upon the occurrence of an insured event, compensation for the damage caused is paid only to the victim. But we want the person who has committed an accident to be able to turn to his insurance company for help as well,” Gurbanov said.


Source: Trend News Agency

Azerbaijan to develop single mobile app for various types of insurance – Central Bank

A single mobile application for various types of insurance will be developed in Azerbaijan, Director of the Insurance Supervision Department of the Central Bank of Azerbaijan Vusal Gurbanov said, Trend reports.

According to Gurbanov, with the help of this application, it will be possible to purchase and renew insurance services.

“In addition, the CBA will be able to track complaints and insured events of citizens, as well as the appointment of independent experts by insurance companies. Users of the applications will be able to get acquainted with their history of insured events and track the process of resolving the issue,” he said.

The head of the department stressed that all independent experts will be appointed randomly and will be included in the CBA register.


Source: Trend News Agency

Azerbaijan to launch social package in 2022 – minister

The process of implementing a social package that will cover more than two million people will be launched in Azerbaijan in 2022, Azerbaijani Minister of Labor and Social Protection of Population Sahil Babayev said at the ministerial meeting, Trend reports.

“Thus, social benefits will increase,” the minister added.

The minister stressed that this will be as part of the reforms that have been carried out recently in the social sphere following President Ilham Aliyev’s instructions.

Babayev said that in accordance with the order signed by the president “On additional measures in the field of protecting the social welfare of the population”, the reforms of increasing social benefits were taken into account in the draft state budget for 2022.

“The salaries of most of the citizens working in accordance with an employment contract will increase,” Babayev added. “This reform will cover up to one million employees.”

“In particular, the minimum wage will increase,” the minister said. “The amount of social payments, namely, pensions, benefits, scholarships, salaries, social assistance payments, which will cover more than two million people, will increase from early 2022.”

The minister stressed that besides an increase in the minimum pensions, pensions are planned to be increased on the basis of indexation in 2022.

Babayev also said that 2,500 members of martyr families, people disabled as a result of war, and citizens from other socially vulnerable categories have been provided with apartments, while 164 people disabled as a result of war have been provided with cars at the expense of the state budget since early 2021.

The instructions were made to speed up the work to create the Labor Protection Center under the State Labor Inspection Service.

Moreover, a disability rating has been assigned to almost 51,000 citizens since the beginning of this year.

Some 8,000 disabled citizens were provided with more than 40,000 prosthetic, orthopedic and other rehabilitation products, 164 disabled servicemen were provided with 173 modern fourth-generation prostheses.


Source: Trend News Agency

Azerbaijani State Customs Committee comments on alleged reduction of $300 limit for orders from abroad

The information was spread by some media outlets about the alleged reduction of the limit on duty-free import of goods for individuals from $300 to $100, the Azerbaijani State Customs Committee told Trend .

The Azerbaijani Cabinet of Ministers makes such decisions.

“The State Customs Committee is the executing structure,” the message said. “This information spread in the media does not correspond to reality.”

The customs duties in Azerbaijan have not been levied on goods a total customs value of which no more than $300 and imported via international mail or by a transportation company for one individual within 30 days since 2020.

Previously, this limit reached $1,000.


Source: Trend News Agency

It is important to cooperate with such partners as Azerbaijan – Head of EU Delegation

The EU considers it extremely important to cooperate with such partners as Azerbaijan, head of the EU Delegation to Azerbaijan Peter Michalko said at the ceremony of launching the EU4Lankaran program, Trend reports on Nov. 30.

Michalko said that there are a number of opportunities for the development of Lankaran and the EU is ready to render support in their implementation.

“We will try to develop agriculture, increase yields and ensure the supply of products to the global markets,” the head of the EU Delegation to Azerbaijan added. “Our priority is the development of the non-oil sector of the economy, small and medium-sized businesses.”

Michalko said that the EU is always trying to support Azerbaijan in this sphere.


Source: Trend News Agency