UNCTAD`s Work Programme on International Investment Treaties (IIAs) actively supports IIA policymakers, government officials and other stakeholders in reforming the IIA to make it more conducive to sustainable development and inclusive growth. International investment rules take place at the bilateral, regional, interregional and multilateral levels. Policymakers, negotiators, civil society and other stakeholders need to be well informed about foreign direct investment, international investment agreements (IIAs) and their impact on sustainable development. Main objectives of UNCTAD`s Work Programme for IIAs • Reform of the International Investment Treaty (IIA) System to strengthen its sustainable development dimension; • Comprehensive analysis of key issues arising from the complexity of the international investment regime; • Development of a wide range of instruments to support the formulation of more balanced international investment policies. Describes the trade agreements in which this country is involved. Provides resources for U.S. companies to obtain information on the use of these agreements. On 29 March 2010, the two countries signed an agreement on cooperation in the field of science and technology in Jakarta. It renewed the similar agreement which expired in 2002. The agreement constituted an MTA (Material Transfer Agreement) and verses to protect the intellectual property rights of GRTK (Genetic Resources and Traditional Knowledge). To implement the agreement, Dr. Bruce Alberts (U.S.
Scientific Envoy) visited Indonesia with missions to identify potentials for cooperation in research and technology and to form a joint working group in the field of education. To secure U.S. investments in Indonesia, the head of the Indonesian Investment Coordination Council and the acting president of CIPO signed on April 14, 2010 in Washington, D.C The agreement was later ratified by Executive Order No. 48 of the year 2010 issued on July 19, 2010 and is expected to attract more interest from U.S. investors to invest in Indonesia. International investment treaties (IIAs) are divided into two types: (1) bilateral investment treaties and (2) investment treaty agreements. A bilateral investment agreement (BIT) is an agreement between two countries on the promotion and protection of investments made by investors from each country in the territory of the other country. The vast majority of IIAs are BITs. The category of investment provision contracts (IPTs) combines different types of investment agreements that are not BITs. Three main types of TIP can be distinguished: 1.
global economic contracts that contain obligations commonly found in BITs (e.g. B a free trade agreement with an investment chapter); 2. contracts with limited investment provisions (e.g. B only contracts for the installation of installations or the free transfer of funds linked to the investment); and 3. Contracts containing only “framework clauses”, such as those relating to cooperation in the field of investment and/or a mandate for future negotiations on investment issues. In addition to IIAs, there is also an open category of investment-related instruments (IRRI). It includes various binding and non-binding instruments and includes, for example, model agreements and draft instruments, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organizations and others. A Free Trade Agreement (FTA) will develop a key aspect of overall EU-Indonesia relations, which will be framed by the Partnership and Cooperation Agreement.
The agreement entered into force on 1 May 2014. Ensuring better access for EU exporters to the dynamic ASEAN market is an EU priority. Negotiations on an EU-ASEAN trade and investment agreement between the regions started in 2007 and were interrupted by mutual agreement in 2009 to make way for a bilateral negotiating format. .