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Comparative Analysis of RCEP and WTO Dispute Settlement Mechanisms in International Commercial Relations Najwa, Sayyid Nabil Mahakim; Fitriyanti, Fadia
International Journal of Business, Law, and Education Vol. 7 No. 1 (2026): International Journal of Business, Law, and Education
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v7i1.1335

Abstract

This article examines the dispute settlement mechanisms under the Regional Comprehensive Economic Partnership (RCEP) and the World Trade Organization (WTO) through a comparative legal analysis. The study aims to assess how both frameworks regulate international commercial disputes and promote legal certainty in cross-border trade relations. Employing a doctrinal and comparative legal approach, this research analyzes treaty provisions, institutional structures, procedural stages, and enforcement mechanisms governing dispute resolution under RCEP and the WTO Dispute Settlement Understanding. The findings indicate that while the WTO provides a more institutionalized and legally binding mechanism, RCEP emphasizes flexibility, consultation, and regional consensus. This article argues that RCEP’s dispute settlement mechanism may complement the WTO framework by offering an alternative forum for resolving international commercial disputes, particularly within the Asia-Pacific region.
The Role of the Capital Market in the Indonesian Economy Fitriyanti, Fadia; Gultom, Qinnara Zegia; Ulya, Sauva Nadhivatul
Journal of Financial and Business Vol 2 No 2 (2026)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63453/jfb.v2i2.69

Abstract

The capital market has evolved into a major source of corporate financing and is no longer perceived merely as an alternative to bank-based funding. Through various corporate actions such as initial public offerings, rights issues, bond issuance, derivatives, and mutual funds, the capital market offers more efficient and flexible financing mechanisms, particularly in periods of rising inflation and increasing loan interest rates. Under such conditions, reliance on bank credit becomes less attractive due to higher financing costs, thereby strengthening the strategic role of the capital market in supporting business sustainability and expansion. In the Indonesian context, the capital market plays a crucial role in mobilizing long-term funds that contribute to national economic growth. Although capital market performance experiences annual fluctuations influenced by domestic macroeconomic conditions and global economic dynamics, corporate interest in utilizing capital market instruments remains consistently high. This is largely due to the capital market’s capacity to provide substantial funding volumes, enhance corporate liquidity, and improve capital structure efficiency. Moreover, the development of the sharia capital market further strengthens financial system inclusivity by offering investment instruments that comply with Islamic principles. Institutions such as the Indonesia Stock Exchange facilitate both conventional and sharia-compliant instruments, enabling broader participation from investors and issuers.
Implikasi Hukum Perjanjian Jual Beli Tiket Konser Tidak Resmi Terhadap Konsumen Almira Fadilla, Rizkia; Fitriyanti, Fadia
Recital Review Vol. 8 No. 1 (2026): Volume 8 Nomor 1 Januari 2026
Publisher : Magister Kenotariatan, Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/rr.v8i1.48892

Abstract

This study discusses the legal implications of unofficial concert ticket sales agreements from a civil law perspective. The practice of selling tickets through unauthorized parties creates legal uncertainty and financial losses for consumers, as tickets purchased may not be recognized by the concert promoter. This research employs a normative juridical method using statutory and case approaches. The results show that such agreements fall under innominaat contracts (unnamed contracts), which may be deemed null and void if they do not fulfill the lawful cause requirement under Article 1320 of the Indonesian Civil Code. Legal protection for consumers is regulated in Law No. 8 of 1999 on Consumer Protection and Law No. 11 of 2008 on Electronic Information and Transactions. Strengthened supervision and synergy among the government, consumer protection institutions, and digital platforms are essential to ensure effective consumer legal protection in digital transactions.