The Role of Foreign Investments in the International Integration of the Economy and the Regulation of their International Movement

Abstract

This article is written about the legal framework and guarantees of international investment activities. The influence of international organizations on investment activity was also studied. Local state authorities within the limits of their powers and together with territorial divisions of the authorized state body in the field of state regulation of investments and investment activities carry out: implementation of investment policy at the local level, including attraction of investments, aimed at stimulating the expansion of investment volumes in the relevant territory of the country, further improvement of the investment climate in the territory, support for the development of enterprises in the relevant territory; study and identification of promising projects that require investment, as well as empty state property and land plots based on the needs and potential (resource, natural-climatic, labor, etc.) territories; dealing with issues directly related to the activities of investors, as well as, if necessary, proposals for the implementation of promising business initiatives and projects by attracting direct investment; identification of factors impeding the timely and effective implementation of investment projects, including those involving foreign investment in the relevant territory, with the adoption of operational measures to address them; improving the efficiency of the use of investments attracted to the economy of the corresponding territory on the basis of the analysis of the activities of foreign capital enterprises, as well as the implementation of investment obligations by investors.