scholarly journals CHALLENGES FACED BY FOREIGN INVESTORS IN THE BRAZIL’S ENERGY SECTOR

2018 ◽  
Vol 4 (5-6) ◽  
pp. 347-375
Author(s):  
Fernanda Torres Volpon ◽  
Luciene Machado

The Brazilian energy sector suffered constantly changes during the past years. The process of transformation looked for a competitive market aiming funds to develop infrastructure in Brazil. Foreign investment is necessary to develop and strengthen the energy market, but the sector still present some challenges to be faced by the foreign investors. As consequence, some questions shall be raised in connection with the real effectiveness of mechanisms imposed to foreign investment at its entrance in the Brazilian energy sector. Does the Brazilian legal framework provide legal certainty to the foreign investors interested in investing in the energy sector? The objective of this article is to provide an overview of reform made to the energy market and current hindrances to the investor’s entry in such sector.

2018 ◽  
Vol 4 (5-6) ◽  
pp. 347-375
Author(s):  
Fernanda Torres Volpon ◽  
Luciene Machado

The Brazilian energy sector suffered constantly changes during the past years. The process of transformation looked for a competitive market aiming funds to develop infrastructure in Brazil. Foreign investment is necessary to develop and strengthen the energy market, but the sector still present some challenges to be faced by the foreign investors. As consequence, some questions shall be raised in connection with the real effectiveness of mechanisms imposed to foreign investment at its entrance in the Brazilian energy sector. Does the Brazilian legal framework provide legal certainty to the foreign investors interested in investing in the energy sector? The objective of this article is to provide an overview of reform made to the energy market and current hindrances to the investor’s entry in such sector.


2018 ◽  
Vol 4 (5-6) ◽  
pp. 347-375
Author(s):  
Fernanda Torres Volpon ◽  
Luciene Machado

The Brazilian energy sector suffered constantly changes during the past years. The process of transformation looked for a competitive market aiming funds to develop infrastructure in Brazil. Foreign investment is necessary to develop and strengthen the energy market, but the sector still present some challenges to be faced by the foreign investors. As consequence, some questions shall be raised in connection with the real effectiveness of mechanisms imposed to foreign investment at its entrance in the Brazilian energy sector. Does the Brazilian legal framework provide legal certainty to the foreign investors interested in investing in the energy sector? The objective of this article is to provide an overview of reform made to the energy market and current hindrances to the investor’s entry in such sector.


2017 ◽  
Vol 4 (5-6) ◽  
pp. 347-375
Author(s):  
Fernanda Torres Volpon ◽  
Luciene Machado

The Brazilian energy sector suffered constantly changes during the past years. The process of transformation looked for a competitive market aiming funds to develop infrastructure in Brazil. Foreign investment is necessary to develop and strengthen the energy market, but the sector still present some challenges to be faced by the foreign investors. As consequence, some questions shall be raised in connection with the real effectiveness of mechanisms imposed to foreign investment at its entrance in the Brazilian energy sector. Does the Brazilian legal framework provide legal certainty to the foreign investors interested in investing in the energy sector? The objective of this article is to provide an overview of reform made to the energy market and current hindrances to the investor’s entry in such sector.


Amicus Curiae ◽  
2020 ◽  
Vol 2 (1) ◽  
pp. 79-94
Author(s):  
Zhang Xiaoyang

China’s legal framework for governing foreign investment has recently been considerably streamlined in comparison to its former self. The newly promulgated Foreign Investment Law of the People’s Republic tends to level the investment playing field in the country so that foreign investors can no longer enjoy significant privileges that have been unavailable to domestic firms and entrepreneurs. Operating a relatively nondiscriminatory mechanism, such as has been introduced, will in practice mean reliance on a negative list approach to confine inflows of overseas capital to specifically identify sensitive sectors. As China has committed its market to opening up on a much grander scale in the foreseeable future, the new foreign investment regime and accompanying ideology may not necessarily deter foreign investors from looking for opportunities in the foreseeable future. Keywords: China; foreign investment; negative list; market opening-up


Author(s):  
Pavel A. Aksenov

Over the past several years, the United States has taken a leading position in the world in attractiveness to foreign investors, largely due to the policy of favoring foreign investment and the absence of significant restrictions on incoming FDI. Currently the United States are trying to find a balance between openness to foreign investment and emerging issues related to the economy and national security. As a result of the adoption of the Foreign Investment Risk Review Modernization Act in 2018, the authority of the US Foreign Investments Committee was significantly expanded and the requirements for transactions were tightened, in particular, monitoring and verification of compliance with national security requirements. Despite the fact that these measures affected all incoming FDI in the United States, they are primarily an instrument of competition between the United States and China. Restrictions on outbound investment by China, as well as new requirements on the part of the United States, have significantly reduced the flow of FDI from China to the United States, especially in high-tech industries and infrastructure projects. Meanwhile, the US direct investment in China has remained stable over the past few years. In addition, there are some industry regulations on the share of foreign investors in the capital of energy companies, broadcasting companies, banks and others. Investment relations between the two countries, according to the investors, despite political and trade contradictions, remain quite close.


2019 ◽  
Vol 34 (1) ◽  
Author(s):  
Lindelwa Beaulender Mhlongo

In 2010, South Africa reviewed its foreign investment legal framework and during this process, it terminated most of its bilateral investment treaties. For a period, there was no piece of legislation that dealt with the regulation of investment in South Africa and investors had to comply with commercial laws. To solve this problem, South Africa introduced the Investment Act in 2015 aimed at regulating both domestic and foreign investment within its territory. In light of the above, the questions central to the article are whether the Investment Act in its current form balances the rights and obligations of foreign investors and that of host states. If not, what can be added or deleted from the Investment Act in order to balance these two competing rights? The article first looks at why South Africa terminated the bilateral investment treaties. It then compares the Investment Act with the SADC FIP to ascertain if the Investment Act is aligned with the sub-regional standard of foreign investment protection. Finally, recommendations are made which include suggested amendments to improve the Investment Act.


2019 ◽  
Vol 4 (1) ◽  
pp. 50-73
Author(s):  
Baidawi Ahmad ◽  
Azarkasi Azarkasi

This paper wants to explain about Foreign Policy Marketing as President Jokowi's diplomacy to attract foreign investors. As we know, the Indonesian state from a geographical aspect has a very large area consisting of hundreds or even thousands of islands and straits. But the extent of the Indonesian territory has not been balanced with economic development such as infrastructure in all regions of Indonesia. This study aims to analyze the policies of President Jokowi in inviting foreign investors to invest directly in Indonesia and see the effect of foreign direct investment on foreign direct investment (FDI) on economic growth in Indonesia. The method used in this research is Qualitative Descriptive. The results or findings of this study indicate that the Marketing of Foreign Political Policy conducted by President Jokowi to attract foreign investors in Indonesia is through the economic Diplomacy Way and providing legal certainty for Foreign Investors investing in Indonesia and Foreign Investment can improve Infrastructure in Indonesia.


Author(s):  

Статья посвящена вопросам исследования отдельных особенностей правового регулирования функционирования Свободного порта Владивосток и территорий опережающего социально-экономического развития путем создания благоприятных условий для иностранных инвесторов, вкладывающих свои или заемные средства в ведение предпринимательской деятельности в пределах данных особых зон. Авторы исследуют нормативную базу регулирования деятельности резидентов указанных территориальных зон, а также проводят анализ факторов, препятствующих повышению активности зарубежных инвесторов по осуществлению финансирования российской экономики и развитию Дальнего Востока. Так, в первую очередь проводится анализ истории нормативного регулирования вопроса привлечения иностранных инвестиций в российскую экономику. Первый законодательный акт в данной области в современной истории был принят ещё во время существования СССР. В дальнейшем нормативная база, касающаяся данного вопроса, продолжала расширяться и совершенствоваться. Исследование касается вопроса льготного порядка создания в пределах вышеуказанных зон объектов инфраструктуры, предназначенных для обеспечения деятельности иностранных инвесторов. В частности, проводится анализ нормативного регулирования, устраняющего избыточное административное регулирование и ускоряющего процесс получения необходимых согласований. Кроме того, рассматривается вопрос преференций при предоставлении земельных участков резидентам, в том числе участков, относящихся к лесному фонду. В ходе исследования поднимается тема недостаточного регулирования порядка предоставления земельных участков, отнесённых к ведению Министерства обороны Российской Федерации. Далее исследуется тема обеспечения резидентов с иностранным участием рабочей силой. В этой связи анализируются порядок привлечения иностранной рабочей силы и соотношение данного льготного порядка с привлечением местных работников. Исследование включает также анализ нормативного регулирования материального обеспечения деятельности резидентов с иностранным участием, а именно – порядка таможенного регулирования поставок товаров и материалов из-за рубежа. Рассматривается вопрос предварительной подачи документов для таможенного оформления ввозимых резидентом материалов. Такой порядок упрощает и ускоряет дальнейшее использование ввезенных товаров. По результатам проведённого исследования делается вывод о том, насколько успешно действующее правовое регулирование в указанной сфере выполняет функцию по привлечению иностранного капитала. Ключевые слова: иностранные инвестиции, Свободный порт Владивосток, территория опережающего социально-экономического развития, развитие Дальнего Востока, резидент, преференции, льготы, развитие инфраструктуры, предоставление земельных участков, снижение административного барьера, привлечение иностранных работников, рабочая сила, таможенное регулирование, земли лесного фонда, Приморский край, Дальний Восток, Российская Федерация. Abstract. The article is devoted to the study of certain peculiarities of legal regulation of the functioning of the Free Port of Vladivostok and advanced special economic zones by creating favorable conditions for foreign investors who invest their own or borrowed fundsin running business within these special zones. The authors examine the legal framework for regulating the activities of residents of these territorial zones, and also analyze factors that impede the increase in the activity of foreign investors in financing the Russian economy and the development of the Far East. First of all, an analysis is made of the history of legal regulation of the issue of attracting foreign investment in the Russian economy. The first legislative act in this area in modern history was adopted during the existence of the USSR. In the future, the legal framework relating to this issue continued to expand and improve. The study addresses the issue of a preferential procedure for creating infrastructure facilities within the above-mentioned zones intended to support the activities of foreign investors. In particular, the analysis of legal regulation is carried out, eliminating excessive administrative regulation and accelerating the process of obtaining the necessary approvals. In addition, the issue of preference when providing land to residents, including plots related to the forest fund, is being considered. The study raises the topic of inadequate regulation of the procedure for the provision of land allocated to the Ministry of Defense of the Russian Federation. Further, the topic of providing residents with foreign participation with work force is investigated. In this regard, the procedure for acceptance of foreign work force and the correlation of this preferential procedure with the involvement of local workers is analyzed. The study also concerns the normative regulation of the material support of the activities of residents with foreign participation, namely, the procedure for customs regulation of deliveries of goods and materials from abroad. The issue of preliminary filing of documents for customs clearance of materials imported by a resident is being considered. Such an order simplifies and speeds up further use of imported goods. Based on the results of the study, a conclusion is drawn on how successful the current legal regulation in this area performs the function of attracting foreign capital. Key words: foreign investment, Free Port of Vladivostok, advanced special economic zone (ASEZ), development of the Far East, resident, preferences, benefits, infrastructure development, provision of land, lowering administrative barriers, acceptance of foreign workers, work force, customs regulation, forest lands, Primorsky Krai, Far East, Russian Federation.


Author(s):  
Elena Mirkovska

This article reviews recent developments in the Macedonian solar energy sector. The first two sections give an overview on the Macedonian political and economic system and provide introduction in the national energy market. What follows afterwards is an in-depth analysis of the legal framework, including the country’s obligations under the Kyoto Protocol, and the economic opportunities for future progress of the solar energy sector, studying at the same time its effect on the overall Macedonian economy. The paper will be concluded with the main findings of the research.


2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Januari Nasya Ayu Taduri

Foreign investment or well known as "Foreign Capital Investment" is one of the state's efforts to accelerate the pace of the Indonesian economy. So, it is not surprising that the Indonesian Government continues to carry out juridical reforms related to foreign investment. This renewal cannot be separated from the objective of providing certainty and guaranteeing legal protection for foreign investors, so that they can continue to carry out investment in the territory of the Republic of Indonesia. But the question that arises by the author, are the Indonesian laws and regulations sufficient to provide legal certainty in various aspects of investment, from licensing to dispute resolution? In response to this, this paper aims to further examine the legal certainty and protection of foreign investors in carrying out Foreign Direct Investment. The legal research method used is normative legal research through a statutory approach. In addition, this paper uses secondary legal data sources.


Sign in / Sign up

Export Citation Format

Share Document