United Nations Convention on International Settlement Agreements Resulting from Mediation (“Singapore Convention”), signed by Turkey on 7 August 2019, entered into force upon being published in the Official Gazette dated 22 April 2021 and numbered 31462. Pursuant to Article 90 of the Constitution of the Republic of Turkey, the Singapore Convention has also become a part of Turkish legislation since international treaties duly put into effect possess the force of law. Similar to the fact that the 1958 New York Convention (“NYC”) all
Similar to the fact that the 1958 New York Convention (“NYC”) allows an arbitral award rendered in one signatory country to be easily recognised and enforced in another signatory country, the entry into force of the Singapore Convention, which provides a mechanism for the cross-border enforcement of settlement agreements resolving international commercial disputes by mediation, has significant importance in terms of paving the way for settlement agreements to become enforceable.
We have published a new Paksoy briefing: “The Singapore Convention Entered Into Force”. You can reach the entire briefing here.
Share
Related persons
You can contact us for detailed information.
Legal Information
This briefing is for information purposes; it is not legal advice. If you have questions, please call us. All rights reserved.
You May Be Interested In
1 July 2025
Executive-Level Misconduct and Separation: Labour Law Insights and Strategic Approaches
In corporate structures, executive-level employees represent the highest decision-making authority and are deeply involved in operational…
27 June 2025
New Block Exemption Communiqué on Specialization Agreements Published
With the publication of the Communiqué No. 2025/2 on Specialization Agreements (“New Communiqué”) by the Turkish Competition Authority in…
23 June 2025
Recent developments in Turkish e-commerce law
Following the entry into force of Law No. 7416 Amending Law No. 6563 on the Regulation of Electronic Commerce, the Turkish Ministry of…
2 June 2025
Pricing of Medicinal Products for Human Use in Türkiye
Pricing of medicinal products in Türkiye is governed by a comprehensive regulatory framework that imposes specific obligations on…
20 May 2025
The Regional Court of Appeal Reaffirmed the Application of the New York Convention and the Prohibition of Révision au Fond in Enforcement Proceedings
In its decision dated 21 April 2025, the 9th Civil Chamber of the Adana Regional Court of Appeal (“Regional Court of Appeal”) ruled that,…
14 May 2025
The Future of Hydrogen Energy in Türkiye
Hydrogen energy is emerging as a key pillar in the global transition towards renewable energy sources. With its versatile applications in…