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Consequences of Late Payment in Commercial Transactions under the Turkish Commercial Code

This article aims to summarize Article 1530 of the Turkish Commercial Code implementing Directive 2011/7/EC into Turkish commercial law and providing consequences of late payment in commercial transactions....more

Russia's Accession to the WTO: Benefits and Risks

On August 22, 2012, the World Trade Organization welcomed Russia as its 156th member. As a result, Russia will lower its tariffs on imports of goods across all sectors of the economy and will reduce trade barriers. This will...more

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