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SCIENTIFIC RESEARCH - 2026
DOI: https://doi.org/10.36719/2789-6919/55/100-104
Gulnar Aliyeva
Baku State University
Masters’ student
https://orcid.org/0009-0000-3821-7609
eliyeva.gulnar.2000@gmail.com
Impact of Legal Reforms in the Energy Sector on
the Investment Climate
Abstract
The article analyzes the impact of legal reforms in the energy sector on the investment environment. The study shows that the main objectives of legal reforms are market liberalization, alignment with international standards, and the establishment of legal stability. While these reforms create a more accessible and stable environment for domestic investors, they also provide additional confidence for foreign investors through legal guarantees, international arbitration mechanisms, and bilateral investment treaties. The article further proposes strategic approaches to increasing investment flows into Azerbaijan’s energy sector in the context of international experience – including the development of public–private partnership models, legal incentives for renewable energy, and strengthening cooperation with international organizations.
Keywords: energy sector, legal reforms, investment environment, domestic investment, foreign investment, public–private partnership, renewable energy, international arbitration, legal stability
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