Choice of Law, Forum, and Language in International Investment Contracts of Aceh, Indonesia

Abstract

This study aimed to explain the different degree of needs for specific rules and application of choice of law, choice of forum, and choice of language in international investment contracts, as specific types of international contracts. The method used in this study is doctrinal legal research by studying primary, secondary, and tertiary legal authorities. The result of the study shows that international investment contracts need the mandatory rule of the choice of house country law and language. Whereas, regarding choice of the forum, the need for such a mandatory rule is lessening. In practice, however, the specific rules and needs have not been yet fully applied in clauses of international contracts of Aceh, Indonesia. This study implied that in the future, legislator and drafters of international investment contracts need to be more aware of this importance of the specific rules and application of the choice of law, choice of forum, and choice of language.