Doha, January 26 (QNA) - The Doha Legal Forum is a high-stakes platform to debate issues that strengthen the relationship between economy and justice, as well as optimize the investment environment, Minister of Justice of the Republic of Turkiye Yilmaz Tunc told Qatar News Agency (QNA).

The Minister highlighted that Turkiye's participation in this inaugural forum aims to share expertise with the sisterly and friendly nations, adding that the subjects laid out at this forum, such as digitization and technological advancements, are pivotal in all domains, particularly in the legal domain, to ensure the effectiveness of the judiciary and justice.

Since 2007, and through the National Justice Project, Turkiye has been leveraging digitization with cutting-edge technological potential, and is currently working to develop this system further by utilizing artificial intelligence applications, Tunc noted, affirming that these Turkish expertise and experiences have been weighed during the forum.

When it comes to economic and investment matters, alternate means of conflict resolution, such as arbitration and mediation, matter most, the Minister underlined, suggesting that since 2010, Turkiye has been applying the mediation system, filing almost eight million cases to mediation and resolving almost five million cases through settlement by mutual consent, thereby easing the burden on the judiciary and helping parties settle their disputes promptly and cost-effectively.

Minister Tunc emphasized that arbitration is an important tool for conflict resolution without resorting to courts, noting the establishment of the Istanbul Arbitration Centre (ISTAC), alongside arbitration centers of the commerce chamber, offering investors the room to fairly and effectively settle their disputes whether inside the judiciary or beyond.

The investment improvement in Turkiye and constantly modernizing laws within the judiciary strategy have largely contributed to attracting foreign capital, Tunc noted, recalling that stable legal security has been the fundamental factor behind the upsurge of investments and the number of foreign companies.

Finally, the Minister applauded the level of organization and the subjects the forum has weighed in on, such as mediation, arbitration, and digitization, as core tools to strengthen justice and promote the investment climate. (QNA)