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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