Risk Management in Commercial Contracts with Foreign Companies In today’s globalized trade environment, Turkish companies increasingly engage in various commercial relationships with foreign entities, such as supply of goods and services, partnerships, distributorship agreements, and licensing contracts. However, as these relationships bring together different legal systems, commercial practices, and judicial approaches, it is crucial that […]
In today’s world, the rise of global supply chains and cross-border collaborations has significantly increased the frequency with which Turkish companies enter into commercial contracts with foreign partners. However, in this process—where different legal systems, trade customs, and judicial practices intersect—careful drafting of commercial contracts is of critical importance to minimize contract-related risks. 1. Governing […]