Türkiye

Click on the respective tab below for information on any measures taken for the purpose of the Convention or any designations made to the ICSID Panels by the selected member country.

Entry into Force

The ICSID Convention entered into force for Türkiye on April 02, 1989

On ratifying the Convention, Türkiye declared that: "With respect to Article 64 of the Convention, the Government of Türkiye is of the opinion that the disputes which may arise from the interpretation and application of the Convention can be solved through meaningful negotiations between the parties to the dispute, without the need of having recourse to third party settlement."

Notifications on Exclusion of Territories (Article 70)

None

Designations of Constituent Subdivisions or Agencies and Notifications Concerning the Approval by the Contracting State of Their Consent to ICSID Jurisdiction (Article 25(1) and (3))

Date of DesignationSubdivision/Agency
October 08, 1998Türkish Electricity Generation and Transmission Corporation (TEAŞ)
October 08, 1998Petroleum Pipeline Corporation (BOTAŞ)

Note: For information of any ad hoc designation or notification made by this Contracting State pursuant to Article 25(1) and (3) of the Convention, please contact the Secretariat.

Notifications Concerning a Class or Classes of Disputes Which the Contracting State Would or Would Not Consider Submitting to the Jurisdiction of the Centre (Article 25(4))

Date of NotificationText of Notification
March 03, 1989"I also have the honour to hereby notify, pursuant to Article 25 (4) of the 'Convention on the Settlement of Investment Disputes Between States and Nationals of Other States' concerning classes of disputes considered suitable or unsuitable for submission to the jurisdiction of the Centre that only the disputes arising directly out of investment activities which have obtained necessary permission, in conformity with the relevant legislation of the Republic of Türkiye on foreign capital, and that have effectively started shall be subject to the jurisdiction of the Center. However, the disputes, related to the property and real rights upon the real estates are totally under the jurisdiction of the Türkiye courts and therefore shall not be submitted to jurisdiction of the Center."

Designations of Competent Courts or Other Authorities for the Purpose of Recognizing and Enforcing Awards Rendered Pursuant to the Convention (Article 54(2))

Court or Other Authority
"The commercial court of first instance (“asliye ticaret mahkemesi”) belonging to the subject place, as designated in the written agreement between the parties, and in case of absence of such agreement, the commercial court of first instance having the jurisdiction over the place of the losing party's domicile, if not, residence, or, in the absence of both, over the place of the subject property of the claim, or in places where a commercial court of first instance does not exist, the civil court of first instance (“asliye hukuk mahkemesi”) of the subject place."

Legislative or Other Measures Adopted by the Contracting State to Make the Convention Effective in Its Territory (Article 69)

None communicated to the Centre.

Panel Members Designated by Türkiye

Panel Name & Title End of Term
PanelCA Name & Title Ziya AKINCI
End of TermJan 10, 2024
PanelCA Name & Title Fatma Aslı BAŞGÖZ
End of TermJan 10, 2024
PanelCA Name & Title Arslan KAYA
End of TermJan 10, 2024
PanelCA Name & Title Cemal ŞANLI
End of TermJan 10, 2024