Penalty clauses in Turkish Law are stipulated under the Turkish Code of Obligations numbered 6098 and dated 04.02.2011 (“TCO”).
Although the remarkable economic growth in the past decade, Turkey is still considered as a “middle-income” country in OECD standards.
Turkish Energy Market Regulatory Authority (“EMRA”) has announced on 1st October 2014 that the electricity manufacturing license holders producing electricity from renewable resource
Israel’s offshore Tamar and Leviathan gas fields in Eastern Mediterranean Sea have a significant discovery in order to meet Europe’s rising gas and energy need.
FIDIC, (Federation Internationale Des Ingenieurs Conseils), International Federation of Consulting Engineers aims to find a resolution in construction sector.
In 2012, OECD has reported that economy-wide transformation will require cumulative investment in green infrastructure in the range of USD 36-42 trillion between 2012 and 2030, i.e.
In the field of defense industry, a new system of governance has been established through the Law#3238 ratified in 1985 in order to realize planning and coordination, taking quick decisions
The turning point for regulating the market dates back to 2001 for Turkish banking industry after a major banking crisis in Turkey.
New Regulation for the Funding of Animal Husbandry
The purpose of this regulation is to regulate the substance and the procedure regarding the funding for the organic animal husbandry fit fo
New Regulation on Framework Agreement Violations
The new regulation has brought changes with regard to articles related with conveyance of the framework agreement violations implementations.