Sociological Jurisprudence Journal
Vol. 2 No. 2 (2019)

Analysis of Investment Policy in Indonesia After the Ratification of the Protocol To Amend The Asean Comprehensive Investment Agreement

Poly Pagna (Deputy Director of Research Office at RULE, Kambodia)
Dewa Putu Mantera (Kepala Dinas Penanaman Modal Dan Pelayanan Terpadu Satu Pintu Provinsi Bali)
Anak Agung Sagung Laksmi Dewi (Fakultas Hukum, Universitas Warmadewa, Denpasar, Bali-Indonesia)



Article Info

Publish Date
21 Aug 2019

Abstract

The Government of Indonesia in an effort to increase Foreign Direct Investment (FDI) and increase trade between ASEAN member countries (intra-ASEAN Trade) ratified the protocol to amend the asean comprehensive investment agreement in the form of Presidential Regulation of the Republic of Indonesia Number 92 of 2015. Constrained by regulations concerning legalization and licensing at the center and in the area of accelerating efforts, the Investment Coordinating Board is given the task of coordinating the implementation of policies. Moving on from that, the problem was formulated regarding how the substance and investment policies in Indonesia after the ratification of the protocol to amend the asean comprehensive investment agreement. The substance of the protocol to amend the ASEAN comprehensive investment agreement is to create a free and open investment regime in ASEAN, through investment regimes, increased protection, increased transparency and predictability of rules, with fair competition and non-discrimination treatment. With the transition from the existence of the understanding of liberalism, efforts must be made to strengthen the family principle in accordance with Article 33 paragraph (1) of the Constitution. Globalization should be harmonized by considering the entire foundation and a material study of the academic community with the aim of defending the nation's ideology. Then the application of the Triple Helix concept as a transformation effort.

Copyrights © 2019






Journal Info

Abbrev

sjj

Publisher

Subject

Social Sciences

Description

Sociological Jurisprudence Journal is a peer-reviewed law International journal which published research articles and theoretical articles in law science. This journal provides immediate open access to its content on the principle that making research freely available to the public supports a ...