AKIPRESS.COM - Azerbaijan and Bulgaria signed a social security agreement, Azerbaijani media report citing the Ministry of Labor and Social Protection of the Population.

The document was signed on November 6 in Baku by Sahil Babayev, Azerbaijani Minister of Labor and Social Protection of the Population and Bulgarian Ambassador Nikolay Yankov at the DOST Agency.

It provides for the regulation of the pension provision issues between the countries, payments of social insurance contributions, creates legal conditions for ensuring the receipt of a pension by the two countries’ citizens, mutual recognition and protection of the pension earned by citizens of Azerbaijan and Bulgaria.

Bulgaria and Azerbaijan are both members of the Black Sea Economic Cooperation (BSEC). So far, more than 55 documents have been signed between the two countries.

The strategic partnership agreement, signed in 2015, opened up new opportunities for cooperation. The two countries also cooperate within the intergovernmental commission on cooperation established in 1999.