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Under Article eight Turkmenistan expressed its willingness to contemplate three potential kinds of arbitration whenever a UK investor requested it to do so – ICSID arbitration, ICC arbitration or UNCITRAL arbitration.
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Good high quality English-language materials on Turkmenistan laws is scarce, and there are very few business consultants to help investors. The authorities doesn’t use transparent insurance policies to foster competitors and overseas funding. Although laws are publicized, the federal government doesn’t adequately invite the public to touch upon proposed laws. A serious obstacle to international funding is the lack of knowledge of internationally-recognized business practices and ideas and English speakers. The new speaker of parliament lately instituted a weekly call-in tv present inviting viewers to touch upon legislation.