International Trade: Latest Economic Cooperation Agreements Entered in Force
Technical Cooperation Agreement Between the Republic of Turkey and the Government of Japan Law on Approval of Technical Cooperation Agreement … Read more
Technical Cooperation Agreement Between the Republic of Turkey and the Government of Japan Law on Approval of Technical Cooperation Agreement … Read more
With the recent Presidential Decree numbered 4088 and dated June 19, 2021, Turkey added Mohammad Ali Al Habbo, a Saudi … Read more
The Ministry of Trade of Turkey has recently issued the “Amending Regulation on Determination of Preferential Origin of Goods in … Read more
With the recent Presidential Decree numbered 4082 and dated June 5, 2021, Turkey has blocked assets and accounts of three … Read more
Pursuant to the recent Presidential Decree dated May 27, 2021, The Regulation on CE Marking (“Regulation”) aiming to establish the … Read more
Recently, several communiqués, issued by the Ministry of Trade were promulgated in the Official Gazette, regarding the implementation of export … Read more
With the recent Presidential Decree numbered 3098 and dated October 21, 2020, Turkey added Jamal Hussein Hassan Zeiniye, a Syrian … Read more
In order to reduce COVID-19 pandemic’s adverse effects, some measures have been taken regarding social and economic life in Turkey. With the Proposed Law Amending the Law on Unemployment Insurance and Several Acts (“Proposed Law”) amendments to various laws are introduced including extension of employer’s termination restriction and short time working allowance periods.
To respond the struggles experienced by the businesses in terms of contractual liabilities in the wake of COVID-19, International Chambers of Commerce (“ICC”) has updated the 2003 version of its force majeure and hardship clauses. With the recent update dated March 25, 2020, ICC aimed at bringing an equivalence for the parties’ legitimate expectations of performance that impinged due to COVID-19 outbreak.
Today, the Covid-19 outbreak has required large volume of process in a short period of time for both companies and individuals. Unfortunately, not by choice, some of the legacies are left behind. As a result of the overall embraced isolation approach, individuals are avoiding the public places, and most of the stores are shut down except the ones required for essential needs.
Turkish Competition Authority (“Authority”) on April 17, 2020 published an announcement regarding the extension of the deadlines for inquisitions, researches and investigations carried out during the Covid-19 pandemic under the Law on the Protection of Competition (“Law No. 4054”) in order to not to cause any detriment to respective parties’ rights.
Turkish Personal Data Protection Authority (“Authority”) has published a new announcement on April 10, 2020 regarding the transfer of personal data abroad. Accordingly, “Binding Corporate Rules” have been determined by Turkish Personal Data Protection Board’s (“Board”) as another tool to be used for the international data transfers.