[b0g]

Netherlands – Indonesia
Bilateral Investment Treaty
rolls back implementation of
new Indonesian mining law

The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements, particularly Bilateral Investment Treaties (BITs), are used by companies to get exemptions from government regulations and legislation, undermining democracy and development.

It also illustrates the long term dangers of governments signing investment agreements, which continue to be enforced even when subsequent governments try to re-establish sovereign control over investment in their countries.