Kazakhstan won in court Paris dispute with the Turkish contractor on $16 million under contract on reconstruction of the road

Court Paris passed the decision in favor of Kazakhstan in claim the Turkish road-building companies to Tasyapi Insaat Taahhut San. ve Ticaret A.S. contracts connected with cancellation on construction and reconstruction of highways Aktyubinsk-Makat (is part of the Transcaspian transit corridor), the press service of Ministry "reported. on October 12 the current year the Parisian court passed the decision in favor of Kazakhstan (. . . ) The claimant (Tasyapi Insaat - IF) demanded to cancel earlier passed arbitral award according to which it is obliged to pay Kazakhstan 6,7 billion tenge ($15,7 million on the current...