The Presidential Circular No. 2026/3, issued by the Presidency, was published in the Official Gazette dated 17 April 2026 and numbered 33227. The Circular aims to promote the use of the OIC Arbitration Centre (“OICAC”), established in Istanbul, as an international dispute resolution mechanism.
Regulation Subject to the Decision
Within the scope of the Circular, the legal status and field of activity of the OICAC are set out. In this context, it is stated that the Centre is the first arbitration institution established in Türkiye under an international agreement (“Agreement”), pursuant to the Presidential Decision dated 24 January 2020 approving the Agreement between the Government of the Republic of Türkiye and the Islamic Chamber of Commerce, Industry and Agriculture on the Establishment of the OIC Arbitration Centre in Türkiye.
