New Regulation on Market Surveillance and Inspection for Products Offered through Remote Communication Tools:

IMPACT OF INFLATION ADJUSTMENT RATE ON THE MARITIME SECTOR:

The Directorate of Revenue Administration of the Ministry of Treasury and Finance has announced the inflation adjustment rate in the Official Gazette dated 27 November 2024. The inflation adjustment rate has been determined as 43.93%.

Turkish Port Clearance Rules Have Been Amended:

The Turkish Ministry of Transport has revised port clearance rules to enhance maritime trade, ensure safety at sea, and address operational challenges, with a clear focus on strengthening supervision of vessels.

NEW DRAFT REGULATION ON PILOTAGE AND TUGBOAT SERVICES:

The Ministry of Transport and Infrastructure has published a draft Regulation on Pilotage and Tugboat Services. This Draft Regulation introduces a competitive bidding system to boost market competition and enforce new service standards, bringing significant operational changes for service providers in Türkiye.

TÜRKİYE Joins Global Effort to Protect High Seas Biodiversity:

Türkiye signed the UN's High Seas Treaty, committing to protect marine biodiversity in areas beyond national jurisdiction. This Treaty introduces new compliance requirements for maritime industry practices, potentially impacting shipping routes and opening opportunities in marine biotechnology.

NEW CRITERIA INTRODUCED FOR THE ASSESSMENT OF WORK PERMIT APPLICATIONS:

Turkish Ministry of Labour and Social Security published new guidelines for the evaluation of work permit applications.

Recent Amendments to the Regulation on Renting Residential Properties for Tourism Purposes:

Recent amendments to the Regulation on Renting Residential Properties for Tourism Purposes impose stricter requirements for time-share properties, mandating that these rentals meet "high-quality residence" standards and be managed by an authorized company. These changes aim to enhance the governance and transparency of short-term rentals, aligning with Türkiye’s broader tourism and legal compliance standards.

LEGISLATIVE CHANGES IN TURKIYE’S TRANSPORTATION: Detailed Insights:

This alert is intended to provide our clients with a detailed overview of the amendments that have been introduced.

Comprehensive Legislative Changes in Turkiye’s Transportation:

The “Law on the Amendments to the Turkish Civil Aviation Law, Certain Laws and the Presidential Decree No. 655” came into force on 9th of July. This Law introduces numerous new regulations in the field of transportation.

Raising The Bar: EU Expands Sanctions on Russian Maritime and Energy Operations :

EU Council enacted Regulation (EU) 2024/1745, introducing stricter sanctions targeting Russia's transport, maritime and energy sectors. The stringent new measures aim to prevent the circumvention of existing sanctions and to increase economic and financial pressure on Russia amid the ongoing conflict in Ukraine.