Bilateral Investment Treaty Effectiveness in Completion of Capital Investment Disposal

Abstract

Investment is one of the important aspects of a country's economy. This is because the country will get many benefits, both directly and indirectly. Legal certainty is an important matter in attracting foreign investors, especially legal certainty related to dispute resolution. Article 32 of Law No. 25 of 2007 concerning Investment has stated that there are several ways to resolve disputes, including deliberation, arbitration and court. Bilateral Investment Treaty (BIT) is an agreement carried out between governments in investment. The Bilateral Investment Treaty (BIT) regulates various clauses related to the implementation of an investment. Bilateral Investment Treaty causes legal certainty and increases foreign investment in Indonesia. This research is aimed at finding dispute resolution in the field of investment that is fast and precise and beneficial for both the host country and investment. The research method will be conducted by finding data on the frequently used settlement procedures, speed, and accuracy in resolving investment disputes, analyzing the concept of the Bilateral Investment Treaty (BIT) and using it in resolving investment disputes. After doing the research, PERSPECTIVE will be carried out, the researcher will also create an ISBN textbook and make a presentation related to the publication. Keywords—Bilateral Investment Treaty (BIT)