Turkmenistan: Two Recent Decisions on Jurisdiction Prove that the BIT Matters
This summer ICSID tribunals resolved jurisdictional challenges in two cases arising out of construction projects in Turkmenistan. In Kilic Insaat Ithalat Ihracat Sanayi ve Ticaret Anonim Sirketi v Turkmenistan (ICSID Case No. ARB/10/1) the tribunal decided that it does not have jurisdiction. It held that the investor failed to litigate its claims in the Turkmen courts […]
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