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In International Arbitration Yearbook

Baker McKenzie International Arbitration Yearbook 2023-2024 – Indonesia

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A. LEGISLATION AND RULES A.1 Legislation International arbitration in Indonesia continues to be governed by Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution (“Arbitration Law”), which was not amended in 2023. Indonesia ratified the New York Convention through Presidential Decree No. 34 of 1981. A.2 Institutions, rules and infrastructure A.2.1 Arbitration institutions in Indonesia Subject to the nature of the dispute, parties that choose arbitration as a dispute settlement forum in Indonesia…

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In Asia-Pacific

Singapore-Indonesia Bilateral Investment Treaty

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Background On 9 March 2021, the latest Singapore-Indonesia Bilateral Investment Treaty (the “BIT”) entered into force and updates the countries’ investment protection framework vis-a-vis each other. This BIT was previously signed on 11 October 2018 with the goal of promoting stronger economic ties and cooperation between the countries, and replaces the previous Singapore-Indonesia Bilateral Investment Treaty which had entered into force on 21 June 2006 and expired on 20 June 2016 (the “Previous BIT”). Singapore…

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In Asia-Pacific

Baker McKenzie International Arbitration Yearbook 2019-2020 – Indonesia

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INDONESIA Andi Yusuf Kadir and Zarina Marta Dahlia A. LEGISLATION AND RULES A.1 Legislation International arbitration in Indonesia continues to be governed by Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution (“Arbitration Law”), to which no legislative amendment was made in 2019. Indonesia ratified the New York Convention through Presidential Decree No. 34 of 1981. A.2 Institutions, Rules and Infrastructure Subject to the nature of the dispute, parties that choose arbitration as…

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