INTERNATIONAL COMMERCIAL ARBITRATION FOR FOREIGN INVESTORS: TURKISH CASE

Abstract

When foreign investors consider investment, the possibility of international commercial arbitration and the recognition and enforcement of foreign arbitral awards in the home country where the investment will take place can be a major factor to effect investment decision. This article aims to discuss the Turkish legal framework, domestic and international, of international commercial arbitration for foreign investors willing to invest in Turkey. In this study, subsequent to the definition of investment and investors in the Turkish law, recognition and enforcement of foreign awards, appeal and setting aside of awards and the possibility of interim measures will be discussed. Special emphasis will be given to the possibility of international commercial arbitration for Build Operate and Transfer Agreements where most of the investments occur.

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