James R. Moffett, FCX’s Chairman of the Board - Supplied

Observer : Indonesia Won’t be Scorned by Freeport

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James R. Moffett, FCX’s Chairman of the Board - Supplied
James R. Moffett, FCX’s Chairman of the Board – Supplied

Jakarta, Jubi – Foreign companies cannot pressure Indonesia with the threat of International arbitration, said an a political bserver at Paramadina University, Hendri Satrio.

“Why do you need to be scared? It is unlikely to destabilize the country just because of one company. We are a great nation and not stupid, ” said Hendri, after a discussion titled “Indonesia Without Freeport’ in Jakarta on Monday (07/12/2015).

President Joko Widodo would not let Indonesia be attacked by a foreign country, just because of Freeport. Jokowi may decide not to renew the contract if it considers detrimental to the nation.

As the leader of the country, president and the government have the right to make regulations on foreign companies.

“It is legitimate if the government does not extend the contract,” he said.

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He also said It will not harm Indonesia if Indonesia got sanction in international arbitration as Indonesia has a gold mine in Papua.

In the transcript of the tape, president director of PT Freeport Indonesia, Maroef Sjamsuddin, threatened to sue Indonesia to international arbitration body if the government does not give clarity of contract extension of PT Freeport Indonesia. (*/Tina)

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