Cabinet Oreder No. 729 validating the Concept of Agricultural Risk Management Policy.

This Concept assesses possible agricultural risk management options in order to promote the increase in the competitiveness of the agricultural sector and the viability of the rural economy and to create a predictable long-term state policy in the field of preventing and compensating for losses caused by agricultural production risks.
The goal of the agricultural risk management policy is to create an effective system that ensures predictable compensation for losses caused by agricultural production risks, using risk management principles and creating a basis for the development of a complex agricultural risk management system in the national agricultural sector.
The state’s involvement in the agricultural risk management assessment shall be as follows: (a) basic state responsibility - natural disasters, extraordinary events, infectious diseases of animals or plants under state supervision and epizootics; (b) state co-responsibility - adverse weather conditions; and (c) areas for which the state is neither responsible nor co-responsible.
Farmers are not guaranteed any state compensation for losses, except for those risks that will fall under the state's basic liability. This option does not distort the private insurance market.