Achmad Zen Umar Purba, Achmad Zen Umar
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Berbagi Isu Aktual dalam Pelaksanaan Undang-Undang Perjanjian Internasional Purba, Achmad Zen Umar
Indonesian Journal of International Law
Publisher : UI Scholars Hub

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Abstract

Despite controversial issue upon the implementation of the Law No. 24 Year 2000 on treaties, the treaty itself was a high achievement in Indonesian national legal system. This article explains certain matters arising in the implementation of treaties in Indonesia. The thoughts were given in a seminar organized by Center for International Law Studies and Ministry of Foreign Affairs overviewed certain affairs regarding implementation of treaties in Indonesia.
PRODUCTION SHARING CONTRACT: IS IT WITHIN PRIVATE OR PUBLIC DOMAIN? Purba, Achmad Zen Umar
Indonesian Journal of International Law
Publisher : UI Scholars Hub

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Abstract

Investment is always requires government attention including on the oil sector. Production Sharing Contract (PSC) is an agreement constitutes the regime of utilizing the interest of state is constitutionally used to the greatest possible extent for the prosperity of the people. PSC is part of Foreign Direct Investment (FDI) since it involves the private equity of foreign investors. Thus, PSC in one hand is a private contract and it belongs to the private domain, in the other hand, state as the owner of natural resources is act as a party in this business transaction. This paper discusses Production Sharing Contract, whether it is in private or public domain.