FDI Update reports on recent legislation, international arbitration cases and enforcement decisions. It also brings news and insights from Turkey, the Middle East, Africa and CIS to guide investors that target foreing markets for expansion.
Turkey's Bilateral Investment Treaties: Developments from 2020 to 2022
In February 2022, Turkish Grand National Assembly ratified bilateral investment treaty signed with the Republic of Belarus. It is the first BIT Turkey ratified in almost a year, following the BIT with Georgia, which was signed in 2016 and entered into force in June 2021. In 2020, 6 Turkish BITs entered into force with China, Uzbekistan, Djibouti, Zambia, Kyrgyzstan, and Montenegro.
This post briefly compares some of the key features of these BITs in order to pinpoint some key differences and similarities.