Ricew Cyril

The dynamics of the development of the legal regulation of the admission of the foreign direct investment in the Russian Federation is analyzed in the article. As a result of this analysis the author comes to the conclusion that the recent changes in legislation affect both material and procedural component of the admission procedure of a foreign investor in the Russian economy, in particular, the purpose, the terms of transactions with participation of foreign investor are specified as well as the procedure for adopting of the preliminary decisions and the possibility of its prolongation. These amendments, according to the author, aimed at the clear and uniformed interpretation by the law enforcers and the foreign investors of the norms of the Federal legislation, the reduction of redundancy of the state regulation of this type of investment; transparency and clarity of administrative procedures in respect of the admission of the foreign investor.

The best legislative practices in the field of attracting (restriction) of the directforeign investment are considered in the article. The U.S. law, the activities of the Committee on foreign investment in the United States (CFIUS ), the Brazilian legislation for the restricting of the directforeign investment, the laws of the People’s Republic of China are analyzed by the author.