Foreign Direct Investments Regulation in EU: Bilateral Investment Treaties and Treaties for Investments Outside EU

Foreign direct investment is a key driver of competitiveness and economic development. Currently, the European Union occupies the first place in the world in terms of the volume of attracted and outgoing investments among developed and developing regions of the world. With the establishment, through the Lisbon Treaty, of the exclusive competence of the European Union in relation to foreign direct investment, the issue of interaction between EU legislation and bilateral investment agreements concluded between the two member States and with third countries with regard to foreign direct investment is relevant. The first chapter of the paper explores the mechanism of functioning of the European Union single internal market in the field of foreign direct investment and the competence of the EU to regulate foreign direct investment in accordance with the rules of the Lisbon Treaty. The second chapter is devoted to the European Union's investment legislation and national legislation of the EU member states, as well as to the procedure of supervision of the EU investment agreements on security and public order issues. The third chapter defines the peculiarities of direct investments in various economic spheres within the EU.