Foreign Investment: A Challenge for the State Sovereignty

The foreign investments have not only favorable opportunities and some risks. The massive transnational capital flows exert influence on economic sovereignty of developed countries. The state sovereignty is the base of foreign investment regulation. The State independently defines its foreign invest...

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Bibliographic Details
Main Author: I. Z. Farkhutdinov
Format: Article
Language:English
Published: Moscow State Institute of International Relations (MGIMO) 2008-09-01
Series:Московский журнал международного права
Online Access:https://www.mjil.ru/jour/article/view/1360
Description
Summary:The foreign investments have not only favorable opportunities and some risks. The massive transnational capital flows exert influence on economic sovereignty of developed countries. The state sovereignty is the base of foreign investment regulation. The State independently defines its foreign investment policy, established in correspondence with the national legislation the rules of access oversees capitals. The revival of Russian real economic system could be achieve only by way of massive and balanced attractive of national and international investments, reasonable combination capricious public and private interests. The world experience shows that the foreign investors using their supermobility capable of fast accumulate the huge financial resources into separate branches of national economy for extraction maximum profit and with speed take them from state-recipient out. That is why it is need to find the optimum correlation interests of state and foreign investors improving the regulation on international and national levels. The legal regime of foreign investments includes national legal and international legal regulation. An interaction of this two independence constantly close cooperating law systems is a great factor of legal development in the contemporary issues.
ISSN:0869-0049
2619-0893