Relevant codes and laws of the Republic of Azerbaijan



Goal 8 . Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

The present Law according to Item 15 of part 1 of article 94 of the Constitution of the Azerbaijan Republic establishes legal and economic basis of the clearing settlements made in the territory of the Azerbaijan Republic.

The present Law establishes legal and organizational basis of prevention of human trafficking, fight against human trafficking, and also legal status of the victims of human trafficking in the Azerbaijan Republic, regulates questions of protection of the victims of human trafficking and rendering the help to them.
The present Law establishes organizational, legal and economic basis of unemployment insurance, governs the relations between subjects of unemployment insurance.

The present Law establishes organization-legal bases of indexation of cash incomes and savings of citizens in the Azerbaijan Republic in connection with increase in prices for consumer goods and rates for paid services (further - consumer prices).

The present Law governs the relations in the field of social insurance, determines legal, economic and organizational basis of social insurance in the Azerbaijan Republic.

The present Law determines the main directions and the principles of development of system of insurance, activities of professional participants of the insurance market, including insurers, overcautious persons, insurance intermediaries, and also legal and economic basis of regulation and control in insurance field.

The present law determines rules of creation and action of system of collective compulsory deposit insurance of physical persons, and also payments of compensations for deposits in the banks performing activities in the Azerbaijan Republic.

The present Law determines the principles, rules and regulations of the organization, internal management, regulation of activities and liquidation of banks for the purpose of the most full compliance of the legal base of bank system to international standards, increases in role of banking services in economy, strengthenings of protection of bank investors and creditors and ensuring in general stable and safe activities of bank system.

The present Law establishes legal, economic and organizational basis of state policy in the field of employment assistance, and also the state guarantees for citizens in the field of work and in the field of social protection of the unemployed.