Bilateral Investment Treaty (BIT)
"How do bilateral investment treaties protect foreign investors in Turkey?"
Quick Answer
Turkey has signed BITs with over 80 countries, providing protections like fair treatment, protection from expropriation, and access to international arbitration.
Scope and Legal Distinctions
Treaty protection depends on an applicable treaty, a qualifying investor and investment, and the dispute provisions. A commercial disagreement with a private supplier is not automatically a treaty claim against the state.
What to Check in Practice
Check nationality, ownership, investment dates, treaty status, exclusions and dispute prerequisites before choosing a litigation or arbitration route.
Sources & Authorities
Statutory framework and official guidance for this definition.
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