ABSTRACT

Work contract renegotiations need to be carried out if there is an imbalance of rights and obligations between the parties, this is what underlies the Government to renegotiate mining work contracts. This research is a normative juridical legal research with a legislative approach and conceptual approach. The renegotiation of foreign investors can be strictly enforced by Indonesian Government without worrying about being used as the basis for suing in International Arbitration. Renegotiation the work contract should be based on the principle of proportionality that prioritizes justice for the rights and obligations of the parties, but without ignoring the sustainability of business relations between the Indonesian government and foreign investors. Through renegotiation, both parties remain accommodated in their interests. The interests of the Indonesian government to prosper the people through natural resources and the sustainability of foreign investors to invest in Indonesia, mine management in Indonesia is expected.