JURISDICTIONAL ISSUES OF INTERNATIONAL INVESTMENT DISPUTE RESOLUTION I N ICSID ARBITRATION
Abstract
This article examines the jurisdictional of ICSID Arbitration and the dispute resolution mechanism of Churchill Mining plc and Planet Mining pty ltd against Indonesia at ICSID. This research is in the form of normative legal research conducted by collecting legal materials. Legal materials are collected using the literature study method by collecting legal materials and information in primary, secondary, and tertiary legal materials. According to Article 25 of ICSID Convention, dispute arising directly from an Investment, absolute requirement of jurisdiction is the existence of a legal dispute. The general secretariat serves as a screening and checks whether the request for arbitration is outside the center's jurisdiction because it is not related to investment. ICSID should no longer need to carry its competency test for too long because both parties have made a contract in determining the choice of forum at ICSID.
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Books
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Law Provisions
Law No. 25 of 2007 regarding Investment
Law No. 5 of 1968 regarding the Settlement of Disputes between States and Nationals of other States on Capital Investment
ICSID Covention
Online Sources
Akset, (2012, December 31). Indonesia Limits the jurisdiction of the ICSID. Retrieved [Accessed July, 20, 2021. Form aksetlaw: https://aksetlaw.com/news-event/newsflash/indonesia-limits- the-jurisdiction-of-the-icsid/.
SETKAB, (2019, 25 March). Indonesia Wins Legal Dispute at ICSID International Arbitration Retrieved June 23 2021 from Setkab: https://setkab.go.id/en/indonesia-wins-legal-dispute-at- icsid-international-arbitration/.
DOI: https://doi.org/10.24815/sjil.v2i1.21736
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Student Journal of International Law
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