Azerbaijan is interested in attracting international experts as part of working out the law on agricultural insurance, Azerbaijani Finance Minister Samir Sharifov said during the sixth Azerbaijan International Insurance Forum (AİİF-2015) in Baku July 2.

"Azerbaijan is interested in developing a reliable agricultural insurance strategy," he said. "It could ensure further development of agrarian industry and render support to farmers."

"This type of insurance is characterized by high risk," he said. "However, the government will play a leading role in the development of agricultural insurance in the country."

"We have already begun working out the bill on "State support for agricultural insurance" together with the Ministry of Agriculture," the minister said. "After coordinating in the government, it will be submitted for discussion to the parliament."

Currently, the government delivers subsidies for agricultural insurance, but their coverage is very small. Read the full story AZERBAIJAN interested in development of reliable agricultural insurance strategy