ISDS Case Map
Türkiye
The Turkish power firm Karkey Karadeniz Elektrik Uretim (KKEU) has approached the Washington based International Centre for Settlement of Investment Disputes (ICSID) against Pakistan’s water and power ministry and also served a Rs33billion damage notice on the ministry, sources said on Wednesday.
Turkish Foreign Minister Ahmet Davutoglu said Turkey aims to complete the talks for Free Trade Agreement (FTA) with Ukraine as of 2015.
A Turkish power generation company has filed a case against the Pakistan government at ICSID for compensation of losses worth 700 million dollars
Frustrated with the slow progress of its bid to join the EU, the rash of free trade pacts Brussels is negotiating that leave Turkey out in the cold has Ankara threatening to tear up its customs union agreement.
A free trade agreement (FTA) between Turkey and South Korea that came into effect at the beginning of this month has registered a number of firsts for Turkey, which had exempted its agricultural goods from deals until the Seoul deal but is now aiming to use the new agreement as a template for future FTAs.
Turkey is pushing for involvement in a proposed free trade pact between the United States and Europe which it fears could leave it sidelined and hamper its ambitions to become a top 10 economy over the next decade.
Following a decision of the United Nations Human Rights Committee (“UNHRC“) in 2010 that a Turkish businessman had suffered violations of his human rights after being illegally convicted of economic crimes, a claim for compensation is now being pursued under the Turkey-Turkmenistan bilateral investment treaty (“BIT“). This case therefore highlights the interesting interaction between the human rights and investment protection regimes.
Turkish business world to discuss proposals for Turkey in reaction to an Free Trade Agreement between EU & US
Economy Minister Caglayan said that U.S. President Obama and PM Erdogan will discuss a possible free trade agreement (FTA) when they meet in May, Erste Bank reports. Caglayan underlined that foreign trade relations with the U.S. has been so far favoring the U.S., as Turkey could merely export USD 5.6bn to the U.S., while Turkey imported a much larger USD 14.1bn from the U.S.
South Korea's free trade agreement (FTA) with Turkey will go into effect in May, opening the door for the two nations to expand bilateral trade and boost economic cooperation, the Seoul government said Monday.
