Yes. Turkey ratified the Convention with two reservations: Turkey will only recognize and enforce arbitral awards that are made in other contracting states of the Convention, and the award must be related to a commercial dispute or must be of a commercial nature to be subject to the Convention.

In the case of undisputed claims, an application to enforce an arbitral award is usually concluded between 6 months to 1 year.

If there are disputed claims, an application to enforce an arbitral award is usually concluded between 1.5 to 2 years at the first instance court. In the event of an appeal, the appeal stage is usually concluded within a period of 1 to 2 years.

The approximate cost of registering and enforcing a foreign arbitral award is the same as that of a foreign court judgment. Hence, we hereby refer to our answer under question regarding approximate cost of registering and enforcing a foreign court judgment. The approximate cost of registering and enforcing a foreign arbitral award is the same as that of a foreign court judgment. Hence, we hereby refer to our answer under question regarding approximate cost of registering and enforcing a foreign court judgment. 

Having the enforcement request opposed to does not change the cost. Hence, we also hereby refer to our answer under question regarding the approximate cost of registering and enforcing a foreign court judgment.

The award should be binding on the parties, should not have been set aside or suspended by a competent authority of the country in which, or under the laws of which, the award was made. In practice, as explained above, Turkish courts require the submission of a finalization statement of the relevant foreign arbitral seat stating that the decision has become final. However, some foreign legal systems do not have such practice and do not issue any finalization statements. In such cases, Turkish courts do not enforce the award generally unless the claimant can submit such a finalization statement.

The subject matter of the dispute should be capable of being resolved by arbitration under the laws of Turkey.

Moreover, the enforcement of the award should not be contrary to the public policy of Turkey. The examination on the violation of the public policy includes an examination of whether the results of the implementation of the foreign arbitral award in Turkey would give rise to any contradiction of public policy. Violation of public policy is often invoked by defendants in enforcement suits as grounds for questioning the merits of the foreign arbitral awards. However, as the courts are barred from going into the merits of a dispute in enforcement suits (prohibition of revision au fond), these objections are rarely addressed in commercial recognition and enforcement suits.

Arbitral awards delivered in countries that are not a party to the Convention will be enforced as per IPPL in Turkey. Even though IPPL does not regulate reciprocity as a requirement for enforcement of foreign arbitral awards, several Court of Cassation decisions points out to the reciprocity requirement in their decisions regarding enforcement of foreign arbitral awards.