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Brief information on Azerbaijan
| Short-term | There are no formal restrictions on cover. |
|---|---|
| Medium/long-term | There are no formal restrictions on cover. |
| Collateral | Collateral is not normally required for short-term transactions. For medium and long-term transactions with private buyers bank security is always required. This requirement may only be waived if audited annual accounts drawn up according to international accounting standards justify the granting of cover without collateral. For transactions with public buyers bank security or a state guarantee is required. For public buyers which are established as private sector organizations the same collateral requirements as for private buyers apply. |
| Country risk category | 5 |
No responsibility is taken for the correctness of the information provided
More detailed information on the cover policy can be found in all
articles of the AGA-Report
on Azerbaijan (German version only) and country information
on commercial practices, business climate, market analyses, law,
import procedures, customs duties can be found on the 
website
of Germany Trade & Invest (gtai).
The senior country advisers for Azerbaijan will be pleased to answer your questions
- on single transaction cover: Mr Stefan Peters, phone: +49 (0) 40 / 88 34 - 95 20
- on revolving and wholeturnover cover: Mr Detlev Wriede, phone: +49 (0) 40 / 88 34 - 90 25
- on economic analyses: Ms Alexandra Haas, phone: +49 (0) 40 / 88 34 - 95 53