FIDIC, (Federation Internationale Des Ingenieurs Conseils), International Federation of Consulting Engineers aims to find a resolution in construction sector. There are five different FIDIC contracts in different colors that regulates different and separa
On 06 February 2014, Turkish Parliament has enacted a 6518 Omnibus Bill, gazetted February 19th 2014, which adjoins a provision to article 3 of the Law No 4734 Public Procurement Law (“Law”) stipulating that purchase of goods and services provided to
The Third Offset Strategy which the USA has initiated through the foundation of Strategic Capabilities Office brings a new approach to the concept and business of offsets. Offset offers are made through proposed programs that aim to generate efficient eco
On a number of occasions in the recent past, policy makers required for some reasons to define or to refer to the same procurement mechanism with different terms including but not limited to “offset”, “industrial participation” and the “industrial collabo
Most probably many people would not know more about where offset/industrial participation discussions were moving toward before the article titled “The defence industry: Guns and Sugar” has been published on The Economist’s 25 May 2013 dated issue.
Organizations are long in confusion whether one needs to comply with GDPR even if it does not process data in European Union. This question takes far more detail, insight and investigation, advisory to be answered but still briefly we can say ‘Yes’ to
The most significant characteristic behavior of an emerging market is displaying volatility in electricity market. As a consequence of market price risks on electricity markets, market players keen on hedging risk by applying financial derivatives. Deriva
The arms industry with over 600 modernization projects is booming in Turkey. The government policies in manufacturing and new offset regulations towards to domestic procurement ensure continuous transformation and development. The 2023 vision of the gover
The Law 5201, Defence Industrial Security Law, dated 29.06.2004 is the principle document regulates the Turkish defence industry and set forth the legal framework of all classified military agreement, information, documentation, project, purchase, sell, m
As a developing country, Turkey shines out as a good opportunity for foreign investors to make good use of their budgets. Investors’ primary expectations from a developing country like Turkey are a powerful and reliable legal system, confidentiality, se
Protecting the right of foreign investors in a country is a significant problem both for investee country and investor. In order to solve this, an international mechanism has been brought which is called ICSID Convention (International Centre for Settleme
2008 global economic meltdown had served as an important wake up call for the global banking industry. The complicated web of interrelated financial instruments created by investment banking gurus,
Kuştepe Mahallesi, Mecidiyeköy Yolu Caddesi, Trump Towers, Ofis Kule:2 Kat:18, No:12, Şişli Mecidiyeköy, İstanbul, Türkiye
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