The Rise of International Commercial Courts: Objectives and Key Characteristics


NAMLI M.

Annales de la Faculte de Droit d'Istanbul, sa.78, ss.265-275, 2026 (Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Basım Tarihi: 2026
  • Doi Numarası: 10.26650/annales.2026.1820741
  • Dergi Adı: Annales de la Faculte de Droit d'Istanbul
  • Derginin Tarandığı İndeksler: Scopus
  • Sayfa Sayıları: ss.265-275
  • Anahtar Kelimeler: arbitration, civil procedure, dispute resolution, financial centre, international commercial courts
  • İstanbul Üniversitesi Adresli: Evet

Özet

In the first quarter of the 21st century, states have begun to incorporate a new court model called "international commercial court" within their judicial systems..International commercial courts can be defined in the broadest sense, as specialised courts within the national judiciary designed to resolve complex commercial disputes involving foreign elements..The main feature of these courts is the widespread use of English and the application of flexible procedural rules, similar to arbitration.. So far, international commercial courts have been predominantly concentrated in three regions. The first is Continental Europe, and Germany, France, and the Netherlands are prominent examples. The second is Asia, where China and Singapore have established such courts. The third, and arguably the most saturated, region is the Middle East and Central Asia, where Dubai, Abu Dhabi, Qatar, and Kazakhstan have taken the lead. The main aim of this study is to introduce international commercial courts, which are a rising trend worldwide but have very few studies conducted on them in Turkey. Additionally, the Istanbul Financial Centre started operations on 17 April 2023. The primary purpose of establishing the Istanbul Financial Centre is to enhance the financial competitiveness of the Republic of Turkey on an international level. The growth potential of the financial sector in Turkey, its transportation infrastructure, tax burden, political stability, and Istanbul’s status as a "brand city" are the most significant advantages of the Istanbul Financial Centre. However, Turkey has not preferred to establish an international commercial court to date. This study also aims to stimulate discussions on the establishment of an international commercial court in Turkey.