Abstract
<p>As a developing country participating in international economy, Indonesia has declared a clear commitment to create a stable and conducive environment for investment. Such endeavor has been met fraught with challenges, especially from within the country itself. Challenges to the constitutionality of Investment International Agreements (IIAs), including both Free Trade Agreements (FTAs) and Bilateral Investment Treaties (BITs) forged between Indonesia and various countries have arisen and recently led to a constitutional claim, resulting in the Decision No. 13/PUU-XVI/2018 (Decision No. 13/2018). Allegations that the discriminatory and unfair treatment against local businessmen caused by such IIAs clearly constitutes a violation of the Constitution, rendering IIAs that have been signed to-date reviewable, and more extremely, unconstitutional, and must be terminated. This Article aims to discuss on assess the issue of constitutionality of IIAs, especially through the discussions in Decision No. 13/2018, and its impact on Indonesia’s commitment to IIAs.</p>
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.