APRAG CONFERENCE 2016
In October 2016, BANI Arbitration Centre of Indonesia has the honor to host the APRAG Conference. The theme of the conference is “the Rise of International Commercial Arbitration and Developments in Investment Treaty Arbitration: Asia’s Response.” This theme is taken because Asia in particular and other regions in the World have witnessed the tremendous growth of international commercial arbitration. This rise is an interesting development but also a challenge especially for the arbitration institutions in the Asia.
In addition, the regions have also witnessed the growth of investment arbitration disputes and how the countries in disputes have shown their resistance to the investor-state dispute settlement (ISDS) mechanism. This is shown among others by a number of countries, which have taken a hostile response to ISDS. A number of countries have shown their position not sign the investment treaty and plan to cancel or not to renew their bilateral investment treaties containing ISDS.