Following a decision of the United Nations Human Rights Committee (“UNHRC“) in 2010 that a Turkish businessman had suffered violations of his human rights after being illegally convicted of economic crimes, a claim for compensation is now being pursued under the Turkey-Turkmenistan bilateral investment treaty (“BIT“). This case therefore highlights the interesting interaction between the human rights and investment protection regimes.
The government of Turkmenistan faces legal action from twenty Turkish construction firms over broken contracts costing them more than $1 billion in losses, a spokesman representing the companies said on Wednesday.
31-Aug-2005 ECO Secretariat
FRAMEWORK AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA, THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN, THE GOVERNMENT OF THE KYRGYZ REPUBLIC, THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN, THE GOVERNMENT OF TURKMENISTAN, AND THE GOVERNMENT OF THE REPUBLIC OF UZBEKISTAN CONCERNING THE DEVELOPMENT OF TRADE AND INVESTMENT RELATIONS The Government of the United States of America, the Government of the Republic of Kazakhstan, the Government of the Kyrgyz Republic, the (...)
U.S. Trade Representative Robert B. Zoellick and representatives from the five Central Asian countries, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, signed a Trade and Investment Framework Agreement (TIFA) today that will provide a forum to address trade issues and will help enhance trade and investment between the United States and Central Asia.