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‹ Daftar slide Pertemuan 8: UNCITRAL Model Law, ICSID & Investor-State Dispute Settlement (ISDS)
RPS minggu 9 · 2x50 menit (UTS minggu 8)

UNCITRAL Model Law, ICSID & Investor-State Dispute Settlement (ISDS)

International Business Law — S1 Manajemen FEB UNDIP

Peta Pembelajaran Hari Ini

Empat blok yang harus Anda kuasai tentang UNCITRAL Model Law dan ICSID.

Jam ke-1 (50 menit)
  • UNCITRAL: PBB body, mandate, outputs
  • UNCITRAL Model Law 1985 + amendment 2006
  • Struktur Model Law: 8 bab, 36 articles
  • Influence ke UU 30/1999 arbitrase Indonesia
Jam ke-2 (50 menit)
  • ICSID Convention 1965: 165+ member states
  • Investor-State Dispute Settlement (ISDS) — BIT, ICSID
  • Indonesia BIT 60+, Model BIT 2018, terminasi
  • Mini-case: Indonesia ISDS case (Churchill Mining)
Output: mahasiswa mampu membedakan commercial arbitration (NY Convention) vs investor-state (ICSID) dan pilih strategi yang tepat.

Mengapa UNCITRAL & ICSID Penting

UNCITRAL Model Law = basis 118+ jurisdictions; ICSID = 165+ member states, 900+ ISDS cases.

UNCITRAL Model Law Adopters
118+ jurisdictions
Di-adopt di 80% trade global (di-hedge)
ICSID ISDS Cases
900+ known cases
Total sejak 1972 (UNCTAD, di-hedge)
Indonesia telah kena 5+ ISDS cases (Churchill Mining dll). Strategi: Model BIT 2018 + terminasi 60+ BIT lama untuk lebih protective.
Bagian 1 · 1/4
UNCITRAL: PBB Body, Mandate, Outputs
Diskusi kelas: UNCITRAL bukan treaty-making body — apa implikasi dari "soft law" outputs-nya?

UNCITRAL: Empat Kategori Output

UNCITRAL produces empat kategori instrument — binding power berbeda.

KategoriExamplesBinding?
1. ConventionsCISG 1980, UN Convention on AssignmentsBinding setelah ratifikasi
2. Model LawsModel Law Arbitration 1985, Model Law E-Commerce 1996, Model Law Secured Transactions 2016Tidak binding — adopt oleh national legislator
3. Arbitration RulesUNCITRAL Arbitration Rules 1976 (revised 2010/2013), UNCITRAL Conciliation Rules 1980Binding jika incorporated kontrak
4. Legal GuidesLegal Guide on Industrial Works Construction, Legal Guide on International CountertradeGuidance — persuasive only
5. NotesNotes on Organizing Arbitral Proceedings 1996 (revised 2016)Guidance — persuasive only
6. DigestsCISG Digest, Model Law DigestCompendium case law
UNCITRAL "soft law" (Model Law, Rules) sering lebih influential dari "hard law" (Convention) karena fleksibel dan ter-update.

UNCITRAL Model Law Arbitration 1985 (Amended 2006)

Struktur Model Law: 8 bab, 36 articles — framework modern untuk international commercial arbitration.

BabArticleSubstansi
I. General1-6Scope, definitions, written communication, waiver
II. Arbitration Agreement7-9Definition, arbitration agreement and substantive claim
III. Composition of Arbitral Tribunal10-15Number, appointment, challenge, jurisdiction
IV. Jurisdiction of Tribunal16Kompetenz-kompetenz — tribunal decide own jurisdiction
V. Conduct of Arbitral Proceedings17-27Equal treatment, evidence, interim measures
VI. Making of Award & Termination28-32Decision-making, settlement, form, contents
VII. Recourse Against Award34Set aside — very limited grounds
VIII. Recognition & Enforcement35-36Conditions, grounds untuk refuse (selaras NY Convention)
Model Law 1985: framework balanced untuk party autonomy + minimal court intervention. Set aside Article 34 = sangat limited.

Set Aside (Annulment) Procedure

Grounds untuk set aside arbitral award sangat limited — beda dengan appeal court decision.

Ground (Art. 34)SubstansiBurden
1. Incapacity partyParty to agreement under incapacityParty applying
2. Invalid agreementAgreement not valid under applicable lawParty applying
3. Lack of proper noticeUnable to present caseParty applying
4. Excess authorityAward beyond scope of submissionParty applying
5. Defective compositionComposition atau procedure not per agreementParty applying
6. Subject-matter inarbitrableSubject not capable of arbitrationCourt ex officio
7. Public policyAward in conflict dengan public policyCourt ex officio
Time limit3 bulan dari receipt of award
No appeal on meritsCourt hanya check procedure, NOT re-decide case
Set aside bukan appeal. Court hanya check procedure (notice, jurisdiction, public policy), tidak re-decide merits of case.
Bagian 2 · 2/4
UU 30/1999 & Pengaruh Model Law
Diskusi kelas: apakah UU 30/1999 Indonesia formally adopt UNCITRAL Model Law? Apa implikasi?

Perbandingan UU 30/1999 vs Model Law

Perbandingan UU 30/1999 dengan UNCITRAL Model Law — similar tetapi ada gaps.

AspekUU 30/1999 IndonesiaModel Law 1985 (am. 2006)
Formally adopt Model Law?Tidak, tetapi influenced
Number of arbitratorDefault 1 (Pasal 12)Default 3 jika tidak specified (Art. 10)
Kompetenz-kompetenzPasal 18 — tribunal decide jurisdictionArt. 16 — tribunal decide jurisdiction
Interim measuresTidak regulated explicitlyArt. 17 (post-2006: preliminary orders, ex parte)
Set aside groundsPasal 70 — limited (selaras Model Law)Art. 34 — limited
Enforcement foreignPasal 67-68 — exequatur PNArt. 35-36 — selaras NY Convention
Seat conceptKedudukan arbiter (Pasal 24)Seat (Art. 16, 20, 31, 34, 36)
Public policyPasal 68 — contravene public orderArt. 34(2)(b)(ii) — public policy
UU 30/1999 adalah hybrid — influenced Model Law tetapi dengan Indonesia specific (BANI, kedudukan). Strategi: untuk international, pilih seat Model Law jurisdiction.
Bagian 3 · 3/4
ICSID Convention 1965 & ISDS
Diskusi kelas: perusahaan Belanda investor di Indonesia. Apakah dapat sue Indonesia di ICSID?

ICSID Convention 1965: Investor-State Arbitration

ICSID adalah World Bank affiliate yang menangani investor-state dispute — berbeda dari commercial arbitration.

AspekICSID Convention 1965NY Convention 1958 (Comparison)
TypeInvestor-State (ISDS)Commercial arbitration
PartiesInvestor vs Host StateCompany vs Company
Consent basisBIT, ICSID contract, investment lawCommercial contract
Member States165+ (per 2024)169+ NY Convention states
EnforcementSelf-enforcing di ICSID member states (Art. 54)Exequatur via NY Convention procedure
Set asideAnnulment committee (Art. 52) — 5 groundsCourt of seat (NY Conv. Art. V)
Subject-matterInvestment disputeCommercial dispute
Procedural lawICSID Convention + Rules (self-contained)National law of seat
ConfidentialityDefault confidential (unless parties agree)Default confidential
ICSID = self-contained system. Enforcement Art. 54: all member states shall recognize award as binding. No public policy exception.

Indonesia BIT 60+, Model BIT 2018, Terminasi

Strategi Indonesia: reform BIT untuk lebih protective sovereignty — Model BIT 2018 dan terminasi BIT lama.

BIT IndonesiaStatusNote
Total BIT aktif (1990s-2014)60+ BITBanyak dari era 1990s dengan standard liberal
BIT Indonesia-Belanda 1994Diterminasi 2015Paling sering invoked — terminasi strategis
BIT Indonesia-Australia 1992Diterminasi 2015Re-negotiation
BIT Indonesia-ChinaAktifModern provision
BIT Indonesia-SingaporeAktif (re-negotiated)Modern provision
BIT Indonesia-UKAktif (Churchill case basis)Sunset clause masih apply untuk existing
Model BIT 2018Indonesia templateRight to regulate, ISDS reform, FFoR
ASEAN Comprehensive Investment Agreement (ACIA)Aktif (2009)Regional, ISDS provision
Strategi Indonesia: Model BIT 2018 yang lebih protective (right to regulate, FFoR limitation). Sunset clause 15-20 tahun untuk BIT diterminasi.
Bagian 4 · 4/4
Mini-Case: Churchill Mining vs Indonesia
Diskusi kelas: investor UK claim US$ 2 miliar untuk mining licenses di East Kalimantan. Apa pelajaran?

Hitung dari Nol: Strategi Defense ISDS

Skenario: Indonesia akan defend ISDS case dari investor X. Estimasi cost dan strategi.

KomponenPerhitunganNilai
1. Legal counsel internationalMajor firm (Fulbright, White & Case dll)US$ 8-15 juta (3-5 tahun, di-hedge)
2. Local counsel IndonesiaMajor Indonesia firmUS$ 1-3 juta
3. ICSID admin feeUS$ 52K/thn (di-hedge)US$ 150-250K (3-5 thn)
4. Arbitrator fee (3 arb)US$ 1.000-3.000/jam × 3US$ 1-3 juta
5. Expert witnessIndustry expert, damages expertUS$ 500K-1,5M
6. Hearing venue + logisticsWashington DC atau ParisUS$ 200K-500K
7. Translation (jika perlu)English + IndonesiaUS$ 100K-300K
8. Total defense costUS$ 11-25 juta (di-hedge)
9. jika lose (US$ 2B claim)Liability + costUS$ 2 miliar + cost
10.ROI defense (jika win)Save US$ 2B − spend US$ 11-25M~US$ 1,97 miliar (98,8% save)
Defense ISDS: US$ 11-25 juta vs US$ 2 miliar claim. ROI 99% jika win. Strategi: investasi top counsel dari awal.

UNCITRAL Arbitration Rules 1976 (Revised 2010/2013)

UNCITRAL Arbitration Rules — untuk ad hoc arbitration. Banyak diadopsi institution.

AspekUNCITRAL Arbitration RulesComparison dengan ICC
TypeAd hoc rules (bukan institution)Institutional (ICC Court)
Adopted1976, revised 2010, 20132021 (latest)
Admin bodyNone (party/Appointing Authority)ICC Secretariat + Court
ScrutinyNoneICC scrutinize draft award
Terms of ReferenceTidak adaICC ToR unique
Use caseInvestor-State, treaty arbitrationCommercial disputes
Emergency reliefAppendix IV (post-2010)ICC Emergency Arbitrator
CostRendah (no admin fee ICC)Tinggi (admin fee ICC)
UNCITRAL Rules: ad hoc flexible. Strategi: investor-State arbitration sering pakai UNCITRAL Rules.

ICSID Procedural Framework

ICSID Convention + ICSID Rules — procedural framework untuk investor-State arbitration.

DocumentSubstansiLatest Version
ICSID Convention 1965Framework binding
ICSID Institution RulesSubmit dispute ke ICSID2022 (latest amendment)
ICSID Arbitration RulesProcedure arbitration2022
ICSID Conciliation RulesProcedure conciliation2022
ICSID Additional Facility RulesUntuk non-ICSID parties atau non-investment disputes2022
ICSID Administrative & Financial RegulationsAdmin + fees2022
ICSID SecretariatWashington DC, World Bank
ICSID Cases databasehttps://icsid.worldbank.org
ICSID procedural framework: Convention + 6 Rules. 2022 amendments modernisasi. Strategi: pahami procedure sebelum file.

ISDS Reform & UNCITRAL Discussions

ISDS reform di UNCITRAL Working Group III — ongoing multilateral discussions.

Reform OptionSubstansiProponents
1. Status quo + tweaksMinor reforms current systemSome developing countries
2. Code of ConductEthics, conflict of interest arbitratorsBroad support
3. Advisory CenterCapacity building developing countriesLike-minded group
4. Multilateral Investment CourtPermanent court, salaried judgesEU strong proponent
5. Bilateral appellate mechanismAppeal layer untuk ISDSEU, US some support
6. Domestic remedies firstLocal court exhaustionSome developing
7. Carve-outs (regulatory)Right to regulate explicitIndonesia, India
8. Exhaustion local remediesMandatory sebelum ISDSSome
ISDS reform: UNCITRAL WG III ongoing. Strategi Indonesia: engage actively untuk protect interests.

Indonesia Investment Treaty Practice

Indonesia BIT practice — re-negotiation, Model BIT 2018, dan new generation treaties.

Generasi BITKarakteristikExamples
1. Generasi 1 (1990s)Liberal, FET open-ended, broad ISDSBIT Indonesia-Belanda 1994
2. Generasi 2 (2000s)Modern provisions, narrowerBIT Indonesia-Korea 2003
3. Generasi 3 (Model BIT 2018+)Protective sovereignty, right to regulateBIT Indonesia-Afrika Selatan 2019
4. ASEAN Comprehensive Investment Agreement (ACIA)Regional 2009ISDS provision
5. RCEP Investment ChapterMega-regional 2022
6. IP-CEPA Investment ChapterIndonesia-Australia 2020Modern provisions
7. IK-CEPA Investment ChapterIndonesia-Korea 2021Modern provisions
8. Sunset clausesUntuk BIT terminasi, existing investment protected 15-20 tahun
Indonesia BIT practice: 3 generasi. Model BIT 2018 template untuk new. Strategi: balance protection + sovereignty.

Indonesia ISDS Case Lessons

Indonesia ISDS cases — pelajaran untuk policy dan compliance.

CaseIndonesia OutcomePelajaran
1. Amco Asia v Indonesia (1980s)Lost (initially), re-arbitrationForeign investment expropriation sensitif
2. Cemex v Indonesia (2000s)SettledCement industry FDI
3. Worldwide Coal v IndonesiaCoal mining
4. Churchill Mining v Indonesia (2012-2020)WON (fraud)Strong defense, fraud documentation
5. UTS v IndonesiaMining
6. IPA (Indonesia Philip Morris)Tobacco FDI
7. PLN CasesVariousState-owned enterprise
Indonesia ISDS cases: 5+ total. Mix outcomes. Pelajaran: document regulatory actions, robust defense, strategic reform BIT.

Ringkasan Kunci Pertemuan 8

UNCITRAL Model Law
Soft law 1985 (am. 2006) — 118+ jurisdictions; basis UU 30/1999
ICSID Convention
165+ states; investor-state (ISDS); Art. 54 self-enforcing
Indonesia BIT Reform
60+ BIT, Model BIT 2018, terminasi BIT liberal — protective sovereignty

UNCITRAL = harmonized commercial arbitration. ICSID = investor-state defense. Strategi Indonesia: reform BIT + strong defense.

Persiapan P9: baca UU 25/2007 Penanaman Modal, PP 5/2021 positive list FDI. Pertemuan dekat tentang FDI/BKPM/investor asing.