Turkey: Recent Keynotes Of April 2018

International Agreements

  • The Resolution of Council of Ministers dated 19.02.2018 and numbered 2018/11439 on the Entry Into Force of the Cooperation Agreement Regarding the Turkey-EBRD Cooperation Fund Account, between the Republic of Turkey and The European Bank of Reconstruction and Development was published in the Official Gazette dated 26.03.2018 and numbered 30372.
  • The Resolution of Council of Ministers dated 19.02.2018 and numbered 2018/11450 on the Ratification of the Decision dated 28.04.2016 and numbered 1/2016 Amending the Agreement Regarding the Common Transit Regime dated 20 May 1987, of the EU-EFTA Common Transit Joint Committee was published in the Official Gazette dated 27.03.2018 and numbered 30373 (bis).
  • The Resolution of Council of Ministers dated 05.03.2018 and numbered 2018/11497 on the Ratification of the Annex numbered 9 that is titled Facilitation of the Border Crossing Transactions Regarding the International Railroad Freight Transport in the International Convention on the Harmonization of Frontier Controls of Goods was published in the Official Gazette dated 04.04.2018 and numbered 30381.
  • The Resolution of Council of Ministers dated 05.03.2018 and numbered 2018/11498 on the ratification of the Documents Regarding the Amendments that were made on 11-12 March 2002, 3-4 March 2008 and 25-26 March 2013 in the Agreement on the Temporary Importation (Istanbul Agreement) was published in the Official Gazette dated 04.04.2018 and numbered 30381.
  • The Resolution of Council of Ministers dated 05.03.2013 and numbered 2018/11495 on the Ratification of the Amended Annexes of the European Agreement Concerning the International Carriage of Dangerous Goods by Road that was Prepared in the Scope of the United Nations Economic Commission for Europe was published in the Official Gazette dated 06.04.2018 and numbered 30383.

Council of Ministers Resolutions

  • The Resolution of Council of Ministers dated 19.02.2018 and numbered 2018/11519 on the Amendment to the Decision Regarding the Application of Certain Articles of the Customs Law numbered 4458 was published in the Official Gazette dated 11.04.2018 and numbered 30388.
  • The Resolution of Council of Ministers dated 05.03.2018 and numbered 2018/11512 on the Application of Tariff Quota to Certain Agricultural Products that are Bosnia-Herzegovina originated with the Additional Decision to the Importation Regime Decision was published in the Official Gazette dated 11.04.2018 and numbered 30388.

Legislation

  • The Regulation on the Amendment to the Customs Regulation entered into force through publication in the Official Gazette dated 22.03.2018 and numbered 30368.
  • The Communiqué (No: Exportation: 2018/2) on the Amendment to the Communiqué (No: Exportation 2006/7) regarding the Goods of which their Exportation is required to Be Registered entered into force through publication in the Official Gazette dated 22.03.2018 and numbered 30368.
  • The Communiqué on the Amendment to the Communiqué Regarding Commercial Books entered into force through publication in the Official Gazette dated 22.03.2018 and numbered 30368.
  • The Regulation on the Amendment to the Regulation Regarding the Rules and Procedures with regard to the Classification of the Loans and the Provisions that will be Reserved for Them entered into force through publication in the Official Gazette dated 27.03.2018 and numbered 30373, being valid from 01.01.2018.
  • The Regulation on the Amendment to the Regulation Regarding the Application of the Law with regard to the Private Security Services entered into force through publication in the Official Gazette dated 28.03.2018 and numbered 30374.
  • The Communiqué on the Amendment to the Public Procurement General Communiqué entered into force through publication in the Official Gazette dated 31.03.2018 and numbered 30377.
  • The Law on the Amendment to the Value Added Tax Law and Certain Laws and the Statutory Decree numbered 178 was published in the Official Gazette dated 06.04.2018 and numbered 30383. Various provisions of this Law enter into force on various dates.
  • The Communiqué (Serial No: 3) on the Amendment to the General Communiqué regarding the Special Consumption Tax (I) Numbered List Application was published in the Official Gazette dated 07.04.2018 and numbered 30384. This Communiqué entered into force on its date of publication, being valid from 27.03.2018.
  • The Communiqué (No: 2018/2) on the Surveillance Application in Importation was published in the Official Gazette dated 08.04.2018 and numbered 30385. This Communiqué enters into force on the 30th day following its publication.
  • The Communiqué (No: 2018/5) on the Surveillance Application in Importation entered into force through publication in the Official Gazette dated 16.04.2018 and numbered 30393.
  • The Communiqué on the Amendment to the Communiqué (No: 2017/21) on the Prevention of the Unfair Competition in Importation entered into force through publication in the Official Gazette dated 16.04.2018 and numbered 30393.
  • The Communiqué on the Amendment to the Communiqué regarding the Signing of the Memorandum of Association in the Trade Registry Directorates entered into force through publication in the Official Gazette dated 17.04.2018 and numbered 30394.
  • The National Estate General Communiqué (Serial No: 385) entered into force through publication in the Official Gazette dated 17.04.2018 and numbered 30394.
  • The Communiqué (II-23.1.b) on the Amendment to the Communiqué (II-23.1) regarding the Common Rules in relation to the Important Transactions and Right of Withdrawal entered into force through publication in the Official Gazette dated 18.04.2018 and numbered 30395.
  • The Grand National Assembly of Turkey Decision on the Extension of the State of Emergency was published in the Official Gazette dated 18.04.2018 and numbered 30395 (bis).

Competition Board Decisions

  • The Competition Board ("Board") decided that the "Tender Sales Agreement" concluded between Bayer Türk Kimya Sanayii Ltd. Şti. and Medifar Ecza Deposu İlaç Tic. A.Ş. benefits from the group exemption for products of which the market shares are below 40%, and granted individual exemption to the said Agreement considering the products of which the market shares are above 40%. (29.03.2018, 18-09/160-80)

Mergers and Acquisitions

  • The Board decided that the acquisition of certain shares of Componenta Dökümcülük Ticaret ve Sanayi A.Ş. by Döktaş Metal Sanayi ve Ticaret A.Ş. is not subject to authorization. (29.03.2018, 18-09/181-BD)
  • The Board authorized the acquisition of the shares that provide joint control on the Fraport IC İçtaş Antalya Havalimanı Terminal Yatırım ve İşletmeciliği A.Ş. and Fraport IC İçtaş Havalimanı İşletme A.Ş. of IC İbrahim Çeçen Yatırım Holding A.Ş. by TAV Havalimanları Holding A.Ş. (29.03.2018, 18-09/165-83)
  • The Board authorized the acquisition of the shares of Alfa Oto Filo Kiralama A.Ş. by Hedef Araç Kiralama ve Servis A.Ş. (29.03.2018, 18-09/164-82)
  • The Board authorized the acquisition of the shares of Bireysel Tanıtım ve Aktivite Hizmetleri A.Ş. by Ekom Araştırma ve Tanıtım Hizmetleri Dış Ticaret A.Ş. (29.03.2018, 18-09/163-81)
  • The Board authorized the acquisition of certain shares of the Ekol Gıda Tarım Hayvancılık Pazarlama Sanayi Ticaret A.Ş. by Cargill Holdings B.V. (29.03.2018, 18-09/159-79)
  • The Board authorized the acquisition of the sole control of Signode Industrial Group Holdings (Bermuda) Ltd. by Crown Holdings, Inc. (29.03.2018, 18-09/158-78)
  • The Board authorized the establishment of the joint venture between Lenovo Group Limited and Fujitsu Limited, through purchase of the majority shares of certain assets that belong to the personal computer business line of Fujitsu Limited by Lenovo Group Limited. (29.03.2018, 18-09/155-75)
  • The Board authorized the foundation of the partnership between Diar Süleymaniye Gayrimenkul A.Ş. and Kuzu İnşaat A.Ş. (05.04.2018, 18-10/189-91)
  • The Board authorized the acquisition of the sole control of the VADA Dordrecht B.V. by HKS Scrap Metals B.V. (05.04.2018, 18-10/187-89)
  • The Board authorized the acquisition of the sole control of GST AutoLeather Inc. by Black Diamond Capital Management L.L.C. (05.04.2018, 18-010/184-87)
  • The Board authorized the acquisition of the sole control of the worldwide activities in the polyamide business line and assets of Solvay SA by BASF SE. (05.04.2018, 18-10/184-87)

Energy

  • The Communiqué on the Amendment to the Communiqué regarding the Surveillance of the Liquefied Petroleum Gas Tubes in the Market entered into force through publication in the Official Gazette dated 12.04.2018 and numbered 30389.
  • The Regulation on the Amendment to the Natural Gas Market License Regulation entered into force through publication in the Official Gazette dated 17.04.2018 and numbered 30394.

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