Baku State University

The regulation of foreign investment is one of the most relevant and controversial topics in European Union law and international investment law. The EU Foreign Investment Law is becoming a critical issue, especially after the introduction of the EU competence in foreign direct investment after the Lisbon Treaty and the recent successful problem of the compatibility of bilateral investment treaties of the Member States with EU law. Within this framework, the purpose of the article is to determine whether and to what extent the EU has become an international player in foreign investment. Studying the existing regulatory framework regarding the scope and use of the EU competence and its legal consequences. She examines the foundations on which the EU investment policy is based and which will be based in the future. Recent years have witnessed a growing backlash against foreign direct investment (FDI) across several of the world’s biggest economies. The United States, Canada, Australia, and the European Union have all amended existing laws or proposed new legislation for screening FDI in key industries. (1)