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Istanbul Arbitration Centre to be established

Istanbul, already preparing to become a financial centre, is now a candidate to become a venue for resolving international commercial disputes. The work of establishing the Istanbul Arbitration Centre has begun, and the centre is planned to open at the start of the year.

Sabah16 May 2013 External source

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Sabah

Original title: "İstanbul Arbitration Center to be established" · 16 May 2013

İstanbul, which is preparing to become a financial centre, is also a candidate to become a resolution centre for international commercial disputes. The button has been pressed to establish the Istanbul Arbitration Centre. The centre is planned to become operational at the turn of the year...

Turkey, which is making an intense effort to become an international power in many fields, is now preparing to establish an arbitration centre in İstanbul. The Istanbul Arbitration Centre Draft Law, prepared by the Ministry of Justice, was submitted to the Presidency of the Grand National Assembly of Turkey on 25 March 2013. The goal is to complete both the legal and physical establishment of the Istanbul Arbitration Centre by the turn of next year.

Highlights

  • The record relates to the legal and commercial agenda on the Turkey-Germany axis.
  • The content touches on companies' investment, market-access, or cross-border growth agenda.
  • The news item relates to the agenda of disputes, the judiciary, or professional public opinion.

they act in accordance with their resolutions. Particularly in international commercial contracts, now

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