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All Journal Kertha Patrika Masalah-Masalah Hukum LAW REFORM Yustisia Brawijaya Law Journal : Journal of Legal Studies Arena Hukum Veritas et Justitia Rechtsidee Jurnal IUS (Kajian Hukum dan Keadilan) Sriwijaya Law Review Unram Law Review Journal of Indonesian Legal Studies Jurnal Penelitian Hukum De Jure Hasanuddin Law Review Jurnal Wawasan Yuridika Papua Law Journal Mimbar Hukum - Fakultas Hukum Universitas Gadjah Mada Jambe Law Journal Bina Hukum Lingkungan Udayana Journal of Law and Culture Negara Hukum: Membangun Hukum untuk Keadilan dan Kesejahteraan Padjadjaran Journal of International Law Lampung Journal of International Law (LaJIL) Uti Possidetis: Journal of International Law Indonesian Journal of Law and Society Indonesian Journal of International Law Refleksi Hukum: Jurnal Ilmu Hukum Yuridika Indonesia Law Review (ILREV) Bina Hukum Lingkungan AML/CFT Journal The Journal of Anti Money Laundering and Countering the Financing of Terrorism SASI Jurnal El-Thawalib
Arie Afriansyah
Bidang Studi Hukum Internasional, Fakultas Hukum Universitas Indonesia.
Religion Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Journal : Yuridika

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Dispute Settlement Mechanism In Bilateral Investment Treaties (BITs) Yetty Komalasari Dewi; Arie Afriansyah
Yuridika Vol. 34 No. 1 (2019): Volume 34 No 1 January 2019
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (302.487 KB) | DOI: 10.20473/ydk.v34i1.11403

Abstract

The Bilateral Investment Treaty (BIT) or in Indonesia known as “Perjanjian Promosi dan Perlindungan Penanaman Modal (P4M)” contains a very powerful dispute settlement mechanism that allows investors to file a lawsuit directly against a host country allegedly violating investment protection under international law. This is known as Investor-State Dispute Settlement (ISDS). The ability of investors to “impose” their rights directly against a country without the existence of an arbitration clause is considered as one of the extraordinary achievements of the BIT innovation. This paper discusses two types of dispute resolution models contained in almost all BITs signed by Indonesia, namely State-State Dispute Settlement (SSDS) and Investor-State Dispute Settlement (ISDS). It also elaborates the weaknesses of the current dispute resolution formula, especially in the ISDS clause and provides the possibility of improvements to the formulation of the ISDS clause to better ensure a balance between the protection of foreign investors and the needs of the host country.
Co-Authors Adijaya Yusuf Adijaya Yusuf Ahmad Ghozi Akbar Kurnia Putra Amira Bilqis Amira Bilqis Ananda Kurniawan Sukarmaji Anbar Jayadi Angela Vania Angky Banggaditya Anshari, Firman Akbar Baskoro, Dewo Bismo Jiwo Agung Christou Imanuel Darmawan, Aristyo Rizka Darmawan, Aristyo Rizka Dewo Baskoro Dila Paruna Elisabeth Ardiastuti Erni Eriza Siburian Eva Achjani Zulfa Fakhriah, Sakina Gledys Deyana Wahyudin Gurnita Ning Kusumawati Hadi Rahmat Purnama, Hadi Rahmat Hartoyo, Yoga Muhammad Adhiwiratama Hasiah, Hasiah Hikmahanto Juwana Igor Yoso Igor Yoso Indriati Kusumawardhani Lapadengan, M. Ikhsan Melda Kamil Ariadno Melda Kamil Ariadno Muhammad Dzaki Fadhiil Narnina, Ratu Gita Nasu, Hitoshi Permana, Rizky Banyualam Purwandaya, Andrea C. Rafika Rizky Aulia Rahman Rania Andiani Ratu Gita Narnina W Rizka Iswara S.Pd. M Kes I Ketut Sudiana . Sakina Fakhriah Selo Pasha Purnawarnantha Siburian, Erni Eriza Sulistyo, A. D. Agung Surtiwa, Salsabila Siliwangi Viet Dung, Tran Wargadalem, M Akila Windraskinasih, Mutiara Yetty Komalasari Dewi Yohanes Hermanto Sirait, Yohanes Hermanto