Turkey: Recent Keynotes Of July 2017

Last Updated: 19 September 2017
Article by Erdem & Erdem

International Agreements

  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10393 on the Ratification of the Conference of the Parties' Decision dated 17.11.2006 on the participation of Belarus in the Kyoto Protocol regarding United Nations Framework Convention on Climate Change was published in the Official Gazette dated 21.06.2017 and numbered 30103.
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10372 on the Ratification of the Memorandum of Understanding on Defense Industry Cooperation between the Government of the Republic of Turkey and the Government of the State of Kuwait was published in the Official Gazette dated 23.06.2017 and numbered 30105 (bis).
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10387 on the Ratification of the Memorandum of Understanding on Cooperation in the Field of Energy between the Government of the Republic of Turkey and the Government of the Republic of Yemen was published in the Official Gazette dated 23.06.2017 and numbered 30105 (bis).
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10359 on the Ratification of the Protocol on Agreement concerning the Reciprocal Promotion and Protection of Investments between the Government of the Republic of Turkey and the Government of the Islamic Republic of Pakistan was published in the Official Gazette dated 07.07.2017 and numbered 30117.
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10360 on the Ratification of the Memorandum of Understanding on Cooperation in the Field of Agriculture between the Government of the Republic of Turkey and the Government of the Hellenic Republic was published in the Official Gazette dated 07.07.2017 and numbered 30117.
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10362 on the Ratification of the Memorandum of Understanding on Agricultural Cooperation between the Government of the Republic of Turkey and the Government of the Republic of Estonia was published in the Official Gazette 07.07.2017 and numbered 30117.
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10363 on the Ratification of Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 with reservation was published in the Official Gazette dated 13.07.2017 and numbered 30123.

Council of Ministers Resolutions

  • The Resolution of the Council of Ministers dated 05.06.2017 and numbered 2017/10440 on the Import Regime was published in the Official Gazette dated 27.06.2017 and numbered 30107.
  • The Resolution of the Council of Ministers dated 19.06.2017 and numbered 2017/10462 on the Article 12 Subparagraph (3) of Special Consumption Tax Law No. 4760 was published in the Official Gazette dated 30.06.2017 and numbered 30110.
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10344 regarding the Amendment on the Annex to the Resolution on the Import Regime was published in the Official Gazette dated 03.07.2017 and numbered 30113.
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10345 regarding the Amendment on the Annex to the Resolution on the Import Regime was published in the Official Gazette dated 03.07.2017 and numbered 30113.
  • The Resolution of the Council of Ministers dated 29.05.2017 and numbered 2017/10340 on the Amendment to the Resolution regarding the Principles on the Implementation of the Customs Union between Turkey and the European Union was published in the Official Gazette dated 09.07.2017 and numbered 30119.
  • The Resolution of the Council of Ministers dated 12.06.2017 and numbered 2017/10472 regarding the Transfer of All Types of Materials, Construction Equipment, Tower, Vessel, All Other Equipment, Materials, Drilling Park Areas and Outbuildings used for Drilling, Workover, Well Completion and Geophysical Operations Services from Turkish Petroleum Corporation to Turkish Petroleum International Company Limited was published in the Official Gazette dated 20.07.2017 and numbered 30129.

Legislation

  • The Communiqué on the Amendment to the Communiqué on Implementation of Tariff Procurement in the Importation of Certain Processed Agricultural Products from the European Union entered into force through publication in the Official Gazette dated 22.06.2017 and numbered 30104.
  • The Regulation on the Amendment to the Regulation on Establishment of Workplaces and Working Licenses for Non-Sanitary Enterprises in Civil Aviation Airports (SHY-33A) entered into force through publication in the Official Gazette dated 23.06.2017 and numbered 30105.
  • The Regulation on the Amendment to the Regulation on the Implementation of Consulting Service Procurement Tenders entered into force through publication in the Official Gazette dated 29.06.2017 and numbered 30109.
  • The Regulation on the Amendment to the Regulation on the Implementation of Service Procurement Tenders entered into force through publication in the Official Gazette dated 29.06.2017 and numbered 30109.
  • The Regulation on the Amendment to the Regulation on the Implementation of Goods Procurement Tenders entered into force through publication in the Official Gazette dated 29.06.2017 and numbered 30109.
  • The Regulation on the Amendment to the Regulation on the Implementation of Construction Procurement Tenders entered into force through publication in the Official Gazette dated 29.06.2017 and numbered 30109.
  • The Communiqué on the Amendment to the General Communiqué on Public Procurement entered into force through publication in the Official Gazette dated 29.06.2017 and numbered 30109.
  • The Communiqué (II-13.1.a) on the Amendment to the Communiqué on the Procedures and Principles for the Book-Keeping of Dematerialized Capital Market Instruments (II-13.1) entered into force through publication in the Official Gazette dated 30.06.2017 and numbered 30110.
  • The Communiqué on the Amendment to the Import Communiqué (Import: 2017/1) entered into force through publication in the Official Gazette dated 30.06.2017 and numbered 30110.
  • Law No. 7033 on the Amendment to certain Statutory Decrees and Laws on Industrial Development and Supporting Industry was published in the Official Gazette dated 01.07.2017 and numbered 30111. Various provisions of this Law enter into force on different dates.
  • The Regulation on the Implementation of the Provisional Article 8 of Electricity Market Law No. 6446 entered into force through publication in the Official Gazette dated 03.07.2017 and numbered 30113.
  • The Regulation on the Amendment to the Regulation on the Procedures and Principles regarding the Payments out of the Support and Price Stabilization Fund under State Aid for Exports entered into force through publication in the Official Gazette dated 07.07.2017 and numbered 30117.
  • The Communiqué (BİK/TÜRKPATENT: 2017/3) on the Amendment to the Communiqué (BİK/TÜRKPATENT:2017/1) on the Tariff Scheme to be Applied by the Turkish Patent and Trademark Organization in 2017 entered into force through publication in the Official Gazette dated 07.07.2017 and numbered 30117.
  • The Regulation on the Amendment to the Regulation on the Determination of the Preferential Origin of the Goods in Trade within the scope of the Preferential Trade Agreement between D-8 Countries entered into force through publication in the Official Gazette dated 09.07.2017 and numbered 30119.
  • The Regulation on the Amendment to the Regulation on the Principles regarding the Application of Tariffs of Compulsory Financial Liability Insurance for Highway Motor Vehicles was published in the Official Gazette dated 11.07.2017 and numbered 30121. Various provisions of this Regulation enter into force on different dates.
  • The Regulation on the Amendment to the Regulation on the Measurement and Assessment of Capital Requirements of Insurance and Reinsurance Companies and Pension Companies, valid as of 30.06.2017, was published in the Official Gazette dated 11.07.2017 and numbered 30121.
  • The Communiqué on the Amendment to the Communiqué on the Financial Statements to be Disclosed by Banks and Related Statements and References entered into force through publication in the Official Gazette dated 18.07.2017 and numbered 30127.

Important Changes and Developments

  • The Decision of the High Planning Council dated 04.07.2017 and numbered 2017/22 concerning the National Employment Strategy (2014-2023) and the Action Plans (2017-2019) was published in the Official Gazette dated 07.07.2017 and numbered 30117 (bis).

Competition Board Decisions

  • The Board granted individual exemption to the Tender Sale Contract executed between Sanofi Sağlık Ürünleri Ltd. Şti. and Aksel Ecza Deposu Ticaret A.Ş. (12.07.2017, 17-11/130-59)
  • The Board decided to grant individual exemption to the non-compete provisions stipulated in sub-license agreements executed with third-party banks operating in Turkey based on the license agreement between Garanti Bankası A.Ş. and American Express Limited. (12.07.2017, 17-09/106-48)

Mergers and Acquisitions

  • The Board authorized the acquisition of the sole control of Combera Group GmbH by Advantage Smollan Limited. (12.07.2017, 17-11/129-58)
  • The Board authorized the acquisition of all shares and the sole control of Vive B.V. by Toyota Industries Europe AB, a company under the sole control of Toyota Industries Corporation. (12.07.2017, 17-12/143-63)
  • The Board authorized the acquisition of 95.495% of shares of Tesco Kipa Kitle Pazarlama Ticaret Lojistik ve Gıda San. A.Ş. controlled by Tesco Overseas Investments Limited by Migros Ticaret A.Ş. (19.07.2017, 17-06/56-22)
  • The Board authorized the acquisition of the sole control of Time Warner Inc. by AT&T Inc. (19.07.2017, 17-11/128-57)
  • The Board authorized the acquisition of the sole control of Actelion Ltd. by Johnson & Johnson. (19.07.2017, 17-12/146-65)

Energy

  • The Energy Market Regulation Authority ("EMRA") announced the release of the Electricity Market Sector Report of April 2017, Petroleum Market Sector Report of April 2017, Liquidated Petroleum Gas ("LPG") Market Sector Report of April 2017, Natural Gas Market Sector Report of April 2017 on 29.06.2017.
  • The Regulation on the Technical Evaluation of Electricity Production Applications Based on Solar Energy was published in the Official Gazette dated 30.06.2017 and numbered 30110.
  • The EMRA Decision dated 22.06.2017 and numbered 7139 on the Tariff Calculation Procedures and Principles for Natural Gas Distribution Companies was published in the Official Gazette dated 01.07.2017 and numbered 30111.
  • The Regulation on the Information Security in Industrial Control Systems Used in the Energy Sector was published in the Official Gazette dated 13.07.2017 and numbered 30123. This Regulation enters into force two months after its publication.
  • The Regulation on the Amendment to the Petroleum Market License Regulation entered into force through publication in the Official Gazette dated 13.07.2017 and numbered 30123.

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