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Establishment of Istanbul Arbitration Center

29.11.2014

Law No. 6570 established the Istanbul Arbitration Center


The Law No.6570 titled "The Law on Istanbul Arbitration Center" was published on the Official Journal on November 29th 2014.  The Law sets forth rules applicable to the composition of the Center as well as institutional governance standards.  The Law is expected to set the regulatory framework in order to respond to the growing number of significant growth in the number of international arbitrations involving Turkish entities.

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