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Rumeli Telekom v Kazakhstan
Year of Claim: 2005
Basis for Claim: Turkey-Kazakhstan BIT
Respondent State: Kazakhstan
Claimants
Name of Claimant 1: Rumeli Telekom A.S.
Primary Nationality of Claimant: Turkey
Outcome
Tribunal accepted jurisdiction over claim, decided that respondent state violated treaty, and awarded approximately USD 125 million (plus interest) against respondent state. Tribunal required respondent state to pay 50% of arbitration and legal costs of claimant.
Policy Areas: telecommunications (cellular telephones), administration of justice (court decisions)
Rules Used: ICSID
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