Trends in the Development of Contemporary Russian Legislation in the Field of Foreign Investment

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.

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