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Cerraho─člu Law Firm | Turkey, Turkmenistan | 28 May 2015

Jurisdictional battle arises from Turkey and Turkmenistan bilateral investment treaty

Three International Centre for Settlement of Investment Disputes arbitration cases have been brought by Turkish investors based on the treaty between Turkey and Turkmenistan, which concerns the reciprocal promotion and protection of investments. Jurisdictional disputes have arisen over whether seeking redress at the local courts referred to in the treaty should be seen as mandatory.
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