Problems of legal regulation of bilateral investment agreements in the economic community of west african states (ECOWAS)

Abstract

In the context of Russia’s implementation of a renewed foreign policy, in which new legal concepts like friendly and unfriendly states have emerged, special emphasis has been placed on the development of relations with African countries. Despite active attempts by Western countries to influence our country’s relations with African partners, most countries on the continent have not changed their attitude towards Russia and continue to show considerable interest in strengthening bilateral relations, including in the area of investment with Russia. The outcome of the 2019 Russia–Africa summit showed a high level of trust and expectations of African leaders from Russia. These circumstances should give a significant impetus to the active development by of the Russian Federation of equitable and effective trade relations with African countries, which is impossible without a detailed analysis of the legal framework of the ECOWAS states governing foreign investment.