Trump Towers, Ofis Kule:2 Kat:18, No:12, Şişli, İstanbul, Türkiye

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Non-Price Element Application in Negotiated Electronic Tendering Procedure

Turkish Public Procurement Authority (“Procurement Authority”) has been adding certain specifications on electronic tender (“e-tender”) systems in order to extend the use of e- tendering, especially in order to facilitate tenders with the spread of Covid-19. In this respect, many specifications have been added in terms of open tender procedure.

Non-Disclosure Agreements and Deemed Export Activities in Technology: EAR Perspective and Defense Contracts in Turkey

The nature and characteristics of the information in defense projects have implications for how contractors should manage export activities that go far beyond confidentiality commitments. In a typical non-disclosure agreement trade secrets, private or secret processes, methods and ideas, customer lists and other confidential information concerning the  products, services, training methods, development, technical information, marketing activities and procedures, credit and financial data concerning either party is deemed as the proprietary information and should be kept confidential.

Steps for Normalization in Tourism: Food & Beverage Services

A circular letter revealed by the Ministry of Culture and Tourism regarding Controlled Normalization Process in Food & Beverages Services dated May 20, 2020 (“Circular Letter”) to ensure the safety standards prior to re-opening travel and tourism activities in the wake of COVID-19. The Circular Letter sets forth certain measures primarily on hygiene and social distancing for the enterprises conducting food & beverages services.

COVID-19 Bailouts Moving Up Share Prices in Crippled Aviation Industry

On  May 20, 2020, International Air Transport Association (“IATA”) released the Airline Financial Monitor Report (“Report”)  including its observations for March and April, 2020 stating that “Global airline share prices moved higher in April, reflecting government support to the industry and airline announcements about restarting part of their operations”.

Export Compliance Essentials in Turkish Defense Contracts

After U.S.’s longstanding and well-designed export control regulations, China has drafted its first omnibus legislation regulating export controls which gives a better idea of how export compliance would be much more essential for governments procuring controlled items.

National Occupational Standards for Nanotechnology Application Operators in Turkey

National occupational standard which sets forth the necessary duty and authorities for successful practice of an occupation, regarding nanotechnology application operators (“Nanotechnology Application Operator”) has been brought into force with the Communique on National Occupational Standards numbered 2020/4 (“Communique No. 2020/4”) prepared by the Vocational Qualifications Authority.

Corona Outbreak: Procedures and Principles of Limitation on Dividend Distribution in Turkey

On April 17, 2020 a new provisional article was added to Turkish Commercial Code numbered 6102 (“TCC”) regarding the prohibition of dividend distribution for capital companies (excluding public legal entities and their affiliates) for the portion exceeding twenty-five percent of the net profit for the fiscal year 2019 until September 30, 2020.

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Kuştepe Mahallesi, Mecidiyeköy Yolu Caddesi, Trump Towers, Ofis Kule:2 Kat:18, No:12, Şişli Mecidiyeköy, İstanbul, Türkiye

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