The urgency of indonesian national arbitrage agency in dispute settlement of trade agreements
Keywords:
BANI, Dispute Settlement, Trade AgreementAbstract
The objectives of this study is to describe the process of settling the trade agreement dispute by the Indonesian National Arbitrage Agency (BANI). Based on the facts in Manado, Indonesia -as our research place- it is found that, of course, in the parties' agreements, there is a high risk of disputes occurring. It is, for sure, the opportunity for the existence of BANI to help resolve the Non-Litigation Trade Dispute in that area. This research found that permanent dispute resolution is one of the most important aspects of business transactions at any time. BANI's scope of work is the resolution of disputes arising from agreements on trade, industry, and finance (business contracts), namely corporate, insurance, finance, patents, copyright, aviation, telecommunications, space, cooperation, mining, sea and air transportation, environment, fabrication, industry, trade, licensing, agency, intellectual property rights, design, consulting, distribution, maritime, construction, shipping, and remote sensing.
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