Associations between the U.S. and Turkey started in 1947 when the U.S. Congress designated Turkey as a recipient of economic and military assistance intended to help the U.S. resist threats from the Soviet Union. From a historical point of view, relations between Turkey and the U.S. have been multidimensional and based upon mutual respect and interest. Currently Turkey and the U.S. cooperate across a broad geography, covering Iraq, the Middle East, North Africa, the Balkans…
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Mehmet Gün, senior partner at Gün + Partners, examines the difficulties facing the Turkish judiciary and how essential a first-class justice system is to Turkey’s progress
In the 1980s, Turkey undertook significant liberalisation of its national economy. Since then, liberalisation has increasingly become a pivotal part of the international economy. Between the 1980s and 2000, Turkey learnt some very important lessons in the form of economic crises and was saved by…
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Since significant liberalisation of its national economy in the 1980s, Turkey, has become a pivotal part of the international economy and weathered the economic crises between the 1980s and 2000. Turkey’s exports continue to break records, while trade deficit levels continue to drop. Commensurate with her unique strategic position, Turkey is busy enhancing her international diplomatic, economic and cultural relations, unleashing enormous opportunities, not only for the…
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Following an application for the annulment of Article 42/1(c) of Decree-Law 556 on the ground of unconstitutionality, referred by the Fourth IP Court of Istanbul, the Turkish Constitutional Court has ordered the annulment of that provision (Decision 2013/147 E 2014/75 K, April 9 2014). The decision of the Constitutional Court entered into force upon its publication in the Official Gazette No 29070 on July 24 2014.Article 42/1(c) of Decree-Law 556 reads as follows:
“A…
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§11.01 INTRODUCTION
Intellectual property rights (IPRs (IPR in the singular meaning)) have become the most valuable assets in the modern times of the global economy. The strength and financial importance of IPRs has also been well recognized in Turkey since 1995, the year of ‘Turkish IPR revolution’; the Turkish legal system relating to IPRs was amended to ensure conformity with the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)1 and other…
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Introduction
In March 2013 a new Electricity Market Law was enacted, with the aim of improving energy regulation and attracting greater investment in the electricity market. One of the highlights was the introduction of EPIAS, the new energy market operating company, which would establish and operate an electricity stock exchange, among other activities.
EPIAS was initially planned to commence operations in October 2013, but it took longer than expected to lay the groundwork…
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