Abstract
The statement outlines the chronology and implications of PT Freeport Indonesia's business license extension in the context of the Indonesian constitution. In 2017, the government issued a Special Mining Business License (IUPK) to PT Freeport, replacing the Contract of Work, with the aim of enabling continued mining operations in Papua. However, this extension raises questions about compatibility with the constitution, particularly in terms of state sovereignty over natural resources and environmental protection. Discussions also covered the legal consequences related to divestment of shares and the timing of the license extension. The meeting between President Jokowi and Freeport's CEO was also highlighted, highlighting potential rule violations related to the license extension. This statement emphasizes the importance of considering constitutional principles, including state sovereignty, environmental protection, and community welfare, in the regulation of PT Freeport's business license extension.
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.