The State Labor Protection Fund will be established in Azerbaijan, Minister of Labor and Social Protection of the Population of Azerbaijan Sahil Babayev said at the ceremony of signing a memorandum of cooperation between the Ministry, the Financial Market Supervisory Authority, the Compulsory Insurance Bureau and insurance companies, wrote Trend.az.

He noted that the State Fund will be established under the Ministry in order to carry out preventive measures in labor protection and to provide assistance in preparation of norms, standards and rules of labor protection.

“The Qazaq Times”