Foreign Direct Investments in the EAEU

Abstract

Foreign Direct Investments (FDI) are vital for economic development. The unilateral and multilateral regulation of foreign direct investment in EAEU countries corresponds to generally accepted international standards for the protection of investors’ rights. On regional and international levels, these countries have signed various kinds of agreements with individual states and international organizations, which sometimes contradict each other. As was proved in the framework of the study, EAEU countries are investing more heavily in FDI in the economies of non-participating states. As a result, the propensity for mutual investment is maintained at a low level, which confirms the investment intensity index and the low proportion of mutual investments, with the exception of two countries—Armenia and Belarus. It can be concluded that in the investment area, EAEU countries do not yet benefit from participation in the integration processes. At the same time, it should be noted that only a few years have passed since the EAEU has been in force, and so the corresponding static and dynamic investment effect should be expected in the medium- and long-term perspective.