Investing capital in new territories of the Russian Federation: some practical problems and solutions

Abstract

The subject of the research in this article is the legal regulation of entrepreneurial activity in the form of capital investment in new territories of the Russian Federation – Donetsk and Lugansk People's Republics, Zaporozhye and Kherson regions in the context of a number of practical problems and solutions. The legal analysis of the Draft Law on the creation of a free economic zone (FEZ) in the new regions of Russia and the search for an answer to the question of who, under the sanctions of Western states and their unions, will act as investors in these territories, taking advantage of the serious benefits given. The research is conducted with such methods of scientific cognition as: general scientific dialectics, historical, of comparative legal analysis. The author proceeds from the subjective-objective determination of processes and phenomena. It is concluded that Russia, in the context of creating FEZ in new territories, needs to rely primarily on its own resources (on internal loans, people's enterprises, etc. based on the experience of the USSR and foreign states). On the other hand, it is necessary to develop BRICS and internal cooperation within BRICS in order to rid these countries of fear to invest in the Russian Federation, relying on the justification by diplomatic and military forces of the Russian understanding of the international legal aspect of the implementation of the right of peoples to self-determination and the principle of territorial integrity of the state. At the same time, it is concluded that excessive concentration of Russian assets in the hands of foreign investors should be avoided in the future.