EİT TSO Arbitration Committee convened: “The goal is sustainable development”
05.11.2012 /
The Economic Cooperation Organization (EİT) Chamber of Commerce and Industry (TSO) Arbitration Committee meeting took place at the TOBB Union Center. Gümüşhane Chamber of Commerce and Industry President İsmail Akçay attended the meeting representing TOBB as Committee Member. Akçay stated that removing obstacles which negatively impact trade in the region aims to liberate trade and ensure the sustainable development of the ECO Region.
Emphasizing that it is necessary to be party to international agreements in order to have an effective arbitration mechanism, Akçay stated that the domestic legal applications should be exercised according to these international agreements.
Stating that many countries which possess an advanced arbitration mechanism have organized their judicial systems in accordance with international conventions, İsmail Akçay said that successful model need to be taken as an example.
       
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