2024-06-23 19:05:55
Within the close to future, Azerbaijan plans to broaden the protection of agricultural insurance coverage and introduce extra modern insurance coverage merchandise to attenuate the affect of local weather change on the agricultural sector.
As Day.Az reported on Thursday as regards to Pattern, the Minister of Agriculture of Azerbaijan Majnun Mammadov mentioned this throughout the opening ceremony of the Azerbaijan Worldwide Insurance coverage Discussion board-2024 (AIIF-2024).
“Our objectives within the discipline of agricultural insurance coverage are broad. Within the close to future, we plan to broaden the protection of agricultural insurance coverage and introduce extra modern insurance coverage merchandise to attenuate the affect of local weather change on the agricultural sector. I might additionally like to emphasise that the profitable insurance coverage mannequin utilized in our nation is of curiosity to varied states. Cooperation with brotherly Uzbekistan on this route will be cited for example,” he emphasised.
In response to him, at present 25 % of the nation’s agricultural land is below insurance coverage safety.
“The quantity of compensation paid to farmers for insured occasions will increase from 12 months to 12 months, which permits victims to revive their actions and proceed agricultural work with out interruption,” he added.