Freedom of Contract: Choice of Law

Case:

The Joint Venture Company consists of four parties: two Japanese parties, one Singaporean party and one Indonesian party (the “Parties”). Under the Joint Venture Agreement, the parties agree on English Law as their choice of law and the Arbitration in Singapore as their choice of forum to settle any dispute.

Relevant Issues:

1. If the parties are Indonesian citizens, are they obliged to make an agreement under Indonesian Law?

2. How will the parties avoid “penyelundupan hukum” while making their choice of law? And how far can the conception of choice of law be applied in this case
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