Bilateral Investment Treaties in the Russian Federation and the State of Qatar in the wake of Maritime Investment. Part 1: Gaps in Regulation

Author:

Abadikhah М.1ORCID,Nigmatullin R. V.1ORCID

Affiliation:

1. Ufa University of Science and Technology

Abstract

Today one of the most useful and significant means in supporting and maintaining the foreign investment process is Bilateral Investment Treaties (BIT). The Russian Federation (Russia) and Qatar have actively concluded 84 and 63 BITs, respectively. Unfortunately, the existing BITs do not provide a comprehensive legal framework making it possible to deal with the maritime investments. Hence, the basic question raised in the article is whether the current BITs are a suitable legal framework to protect maritime investments? Having conducted a qualitative and quantitative analysis of all the BITs that Russia and Qatar are parties to, the authors come to the conclusion that the existing BITs are not suitable due to the lack of attention to the necessary issues related to maritime investment. These issues include: (1) the exact scope of maritime areas, (2) definition and types of maritime investment, (3) definition of maritime investor.

Publisher

Kutafin Moscow State Law University

Reference21 articles.

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2. Abadikhah, M., Nigmatullin, R.V. and Latypova, N.S., (2023). An Introduction to t he Basic Dimensions of Investment Protection in the Archipelagic Waters: A Review of IIAs and UNCLOS. Atlantic Law Journal, 26, pp. 74–109, doi: 10.33184/pravgos-2021.2.13.

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