Azerbaijan: EBRD’s support important

A delegation of the European Bank for Reconstruction and Development (EBRD), headed by Bruno Balvanera, director for the South Caucasus, Moldova and Belarus, arrived in Baku. Balvanera introduced Ivana Duarte, the new head of the bank’s Baku office, to the Azerbaijani government. The EBRD delegation was received by Shahin Mustafayev, Azerbaijani economy minister, as part…

Azerbaijan the most important country in Caucasus and region

Ambassador Extraordinary and Plenipotentiary of the United States of Mexico to the Republic of Azerbaijan Rodrigo Labardini has received Caspian Energy’s delegation headed by President and Editor-in-Chief of the Caspian Energy International Media Group Natalya Aliyeva. During the meeting the sides discussed possibilities of expansion of contacts on the informational level within the Caspian European…

Russia: auto insurance reform being prepared

Russia’s Finance Ministry has prepared major changes to the compulsory auto liability insurance, known in Russian as OSAGO. Among other amendments, the ministry has proposed to divide OSAGO policies into three types: an “economic package” with current limits of 400,000 rubles for damage to property and 500,000 rubles for injuries, a “standard” package with limits…