• PDF / 282,541 Bytes
• 21 Pages / 439.37 x 666.142 pts Page_size
• 74 Downloads / 244 Views

DOWNLOAD

REPORT

Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Indonesia’s Past Experience with ISDS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Cost of ISDS Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Impact of ISDS on Domestic Policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment Court System as the Dispute Settlement System in EU-Indonesia FTA . . . . . . . . . . . Structure of the ICS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legitimacy of the ICS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . How Will It Differ for Indonesia? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cross-References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 4 6 7 9 11 13 16 20 21

Abstract

International investment agreement (IIA) has long become a “trend” in the world, and Indonesia is no exception in following the trend. However, this “trend” comes as two-edged sword, at one side it did bring benefit to the country as in FDI and its’ spillovers, but on the other side, it contained the risk comes from the provision of investor to state dispute settlement (ISDS) within the text agreement. Indonesia involved in many ISDS cases throughout the decades since the liberalization of foreign investment in 1967. The new investment policy established in 2007 did not give any desirable effect in dodging the bullet of ISDS claims. Presently, Indonesia is still in ongoing process of negotiation with European Union on Comprehensive Economic Partnership Agreement. There is no publication on the draft of the agreement, but for sure the agreement will have provision on a new dispute settlement system which is called Investment Court System, and looking at the free trade agreement EU has entered with Canada, Vietnam, and Singapore, there is no doubt the provision will be more or less similar with those agreements. W. Setiawati (*) Faculty of Law, Universitas Indonesia, Depok, Indonesia e-mail: [email protected] © Springer Nature Singapore Pte Ltd. 2020 J. Chaisse et al. (eds.), Handbook of International Investment Law and Policy, https://doi.org/10.1007/978-981-13-5744-2_17-1

1

2

W. Seti

Recommend Documents

South East Asia

207 68 98KB

The Secular in South, East, and Southeast Asia

176 18 4MB

The Political Economy of Developmental States in East Asia South

181 15 3MB

Introduction: Governance in South, Southeast, and East Asia

189 53 117KB

Economic and Political Equilibria in East and South Asia

195 45 3MB

Gender Inequality, Poverty and Human Development in South East Asia

113 8 136KB

East Asia

181 86 2MB

The Overseas Chinese of South East Asia History, Culture, Business

188 51 1MB

South Asia

217 83 18KB

Mainstreaming Ecosystem Services as Public Policy in South East Asia, from Theory to Practice

167 19 11MB

Global Environmental Changes in South Asia A Regional Perspective

166 107 9MB

Wetland Science Perspectives From South Asia

155 97 14MB