There has been an important step taken recently on the betterment of Turkey's status and position at the Customs Union, which is between Turkey and the EU, and Transatlantic Trade Investment Partnership ("TTIP").

The commercial relationship among the western countries and Iran declined especially following the USA and the United Nations ("UN") imposing the embargo in 2012 because of Iran's nuclear program.

Transparency International, one of the leading organizations fighting against the corruption, has released the annual Corruption Perception Index ("Index 2014") and shared the outcome of its research with the public.

In Turkey, the first high-speed rail lines project started in 2003 between cities of Ankara and Eskisehir, which was presented to public use in 2009.

Occupational accidents have been recently occupying the agenda of our country. The reasons of them are usually unwariness, unconsciousness, lack of inspection and lack of education.

It has been a while since we published our article titled "Green Bonds or Greenwash?", published on Mondaq on May 6, 2015.

On May 28, 2014, the long-awaited Law on the Protection of the Consumers introduced major changes to the former legislation regarding consumer protection.

Foreigners who would want to work and practice their professions in Turkey must obtain a work permit under the Law on Work Permits for Foreigners ("Work Permits Law")

The law numbered 6676 amending "Law on Supporting Research and Development ("R&D") Activities" was published in the Official Gazette dated February 26, 2016 and entered into force as of March 1, 2016 ("Amendment Law").

Turkish aviation market keeps growing with the increase in the number of passengers travelling to Turkey as well as increase in the number of bilateral agreements that Turkey has entered into with other countries for commercial flights.

ECM stands for the "Entity in Charge of Maintenance", the organization/entity having the full responsibility for any the maintenance issue of freight wagons

Similar to the Aviation Working Group, the Rail Working Group ("RWG") is also a non-profit association focused on the rail industry, which is based in Switzerland.

The Republic of Turkey ("Turkey") signed the Convention on International Interests in Mobile Equipment ("Convention") and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment ("Protocol") ..

Under the equal treatment principle, as stated in Article 3 of the Law on Direct Foreign Investments, foreign investors can freely establish the same types of companies as Turkish citizens.

Turkey has also taken its part in the global innovative trends of the business world and the means of holding electronic meetings for the general assemblies and the board of directors have been introduced into the legislative system.

Under Turkish law, cross-border financial lease agreements must be registered by the Association of Financial Leasing, Factoring and Financing Companies ("Association").

New means of communication resulting from technological development have led to an increased awareness of goods and services.

Corporate governance is among the basics of the Turkish Commercial Code ("TCC"), which was entered into force in 2012 and is ratified recently.

The general spirit of the employment and social security, finance and monetary policies, and tax and incentive issues were already discussed in our first article titled "Here Are What 64th Turkish Government Promises"...

The U.S. Export Import Bank ("EXIM"), which is an independent agency providing trade financing solutions, including export credit insurance, working capital guarantees, and guarantees of commercial loans to foreign buyers for the purpose of empowering the U.S. exporters to sell their goods and services ..