Open AccessTrends in the Development of Contemporary Russian Legislation in the Field of Foreign Investment
Author(s) -
М. В. Овсянникова
Publication year - 2021
Publication title -
aktualʹnye problemy rossijskogo prava
Language(s) - English
Resource type - Journals
eISSN - 2782-1862
pISSN - 1994-1471
DOI - 10.17803/1994-1471.2021.131.10.028-037
Subject(s) - legislation , legislature , investment (military) , foreign direct investment , jurisdiction , investment policy , economic policy , business , russian federation , russian economy , international trade , political science , economics , economic system , law , politics
The paper analyzes the main directions of the investment policy in Russia in 2020. The author makes an overview of the federal laws and legislative initiatives adopted during this period under consideration. The paper outlines the prospects for the application of a new type of investment agreements, namely, agreements on the protection and encouragement of investment. It also explores changes in the current legislation concerning the strategic areas of the Russian economy and migration. The author proposes innovations in terms of lifting the ban concerning the establishment of control in some sectors of Russian industry by a foreign investor and analyzes initiatives to simplify the procedure for the accreditation of branches and representative offices of foreign legal entities and the procedure for a foreign investor to obtain a residence permit in Russia. The author concludes that the investment policy of the Russian Federation is aimed at ensuring a favorable investment climate and at increasing the interest of foreign investors in the Russian jurisdiction, including the industries in particular need of development.