IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jul 2015 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 19 March 2014, Indonesia decided to terminate all existing Bilateral Investment Treaties (BITs). The termination is done in the form of a non-renewal and will therefore hit the different partners at different points in time. The first termination affects the Netherlands as their BIT will expire on 1 July 2015.
 
According to Mahendra Siregar, chairman of Indonesia's investment co-ordination agency: 'The government's aim was not to weaken investor protection but to ensure there was consistency between local and international laws and regulations.' (Financial Times, 26.3.2014)
 
The list of affected countries is based on the UNCTAD list of Indonesian BITs.

AFFECTED COUNTRIES

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