INTERNATIONAL CONVENTIONS BETWEEN ITALY AND TURKEY
Italy and Turkey share a long-standing relationship rooted in Roman and Byzantine times, with Constantinople serving as the capital of the Eastern Roman Empire.
After the fall of the Ottoman Empire and the establishment of the Republic of Turkey in 1923, Italy was among the first European countries to officially recognize the new Turkish state.
Today, thanks to Turkey's accession process to the European Union and their shared membership in NATO, the Council of Europe, and the Union for the Mediterranean, the two countries recognize each other as key partners in the Mediterranean and engage in extensive collaboration across various fields and sectors.
This page outlines the major international conventions to which Italy and Turkey are parties, facilitating economic and cultural exchange between the two countries.
Bilateral Conventions
Treaty of Friendship, Conciliation and Judicial Settlement (1950)Concluded in Rome on March 24, 1950, this post-World War II treaty re-established friendly relations between Turkey and Italy, introducing mechanisms for peaceful dispute resolution. The treaty not only strengthens mutual friendship but also includes detailed provisions for conciliation and judicial settlement of bilateral disputes. Specifically, in case of diplomatic failure, the treaty commits the parties to resolve any interstate dispute by referring it to the International Court of Justice.
https://www.normattiva.it/do/atto/caricaPdf?cdimg=051U039300100010110001&num=0001&dgu=1951-06-15
Agreement between the Italian Republic and the Turkish Republic for the Avoidance of Double Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion (1990)
Signed in Ankara on July 27, 1990, and entry into force on June 19, 1993, this agreement prevents double taxation for individuals and legal entities residing in either country, specifically regarding income taxes. The agreement also establishes a system for information exchange between the two states to monitor mutual compliance with national regulations and prevent tax evasion.
https://www.normattiva.it/uri-res/N2Ls?urn:nir:stato:legge:1993-06-07;195
Agreement on the Promotion and Reciprocal Protection of Investments (1995)
Signed in Ankara on March 22, 1995, and entry into force on March 3, 2004, this agreement aims to encourage and protect investments made by investors from each country in the territory of the other, creating a stable and secure environment for cross-border investments between Italy and Turkey. Starting from a broad definition of investment, the agreement primarily guarantees fair and non-discriminatory treatment for foreign investors. Key measures include protection against expropriation, except in cases of public interest and with adequate and timely compensation, as well as the free transfer of sums, proceeds, and funds related to investments.
https://www.gazzettaufficiale.it/atto/serie_generale/caricaDettaglioAtto/originario?atto.dataPubblicazioneGazzetta=2003-11-04&atto.codiceRedazionale=003G0319&elenco30giorni=false