Problematika Investor State Dispute Settlement dalam Bilateral Investment Treaty Indonesia-Singapura 2018

Mukhamad Zulkarnain
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Abstract

The signing of the 2018 Indonesia-Singapore BIT is a new chapter for Indonesia in establishing international relations in the field of investment after in 2013 Indonesia stopped the 2005 Indonesia-Singapore BIT because it was more in favor of foreign investors. This alignment is contained in the Investor State Dispute Settlement (ISDS) mechanism where the dispute resolution mechanism is also regulated in the 2018 Indonesia-Singapore BIT even though it is known that the ISDS mechanism has many shortcomings and provides protection for foreign investors. Therefore, there is a need for a new alternative to perfect the ISDS mechanism. Normative juridical methods are used in this writing by qualitatively analyzing the data. The results of the study concluded that the ISDS mechanism in the Indonesia-Singapore BIT 2018 has not been able to protect Indonesia's interests in international investment cooperation and requires an Investment Court System (ICS) mechanism to perfect the ISDS mechanism.
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印尼-新加坡双边投资协定(2018年
2018年印尼-新加坡双边投资协定的签署是印尼在投资领域建立国际关系的新篇章,此前印尼在2013年叫停了2005年印尼-新加坡双边投资协定,因为该协定更有利于外国投资者。这种一致性包含在投资者-国家争端解决机制(ISDS)中,该机制也在2018年印尼-新加坡双边投资协定中受到监管,尽管众所周知,ISDS机制存在许多缺点,并为外国投资者提供保护。因此,需要一种新的替代方案来完善ISDS机制。通过对数据进行定性分析,本文采用了规范的司法方法。研究结果表明,2018年印尼-新加坡投资协定中的ISDS机制未能保护印尼在国际投资合作中的利益,需要建立投资法院系统(ICS)机制来完善ISDS机制。
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Problematika Investor State Dispute Settlement dalam Bilateral Investment Treaty Indonesia-Singapura 2018
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