Independent and cutting-edge analysis on global affairs

Istanbul, thanks to its unique position as a bridge linking Europe to the Middle East and Asia, is undoubtedly one of the most – if not the most – geopolitically important cities in the world. In these times of globalization, Istanbul’s importance seems to be growing even more rapidly in terms of the flow of finance and resources. While the Turkish government clearly supports Istanbul’s transformation into a center of finance, Istanbul also seems to have recently assumed the role of becoming an internationally recognized arbitration center. This article concentrates on the very recent investment environment in Turkey as well as on the new draft law on the Istanbul Arbitration Center.

 

CONTRIBUTOR
Cem Çağatay Orak
Cem Çağatay Orak

Dr. Cem Çağatay Orak is a partner at Çakmak Avukatlık Bürosu in Ankara.

Murat Erbilen
Murat Erbilen

Murat Erbilen is a PhD candidate and an in-house legal counsel at Çukurova Holding A.Ş.

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Foreword Following the violent dissolution of the former Yugoslavia in the 1990s, there had been a shared sense of hope for a more peaceful future for the European continent. Unfortunately, this comfortability disappeared after Russian President Vladimir Putin ordered his troops to march against the Ukrainian forces throughout the border on 24 February 2022. This marked a turning point not only for the...
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