Treatment of foreign investment in the European Union

Boris Kuzman (), Milica Simic () and Jelena Damjanovic ()
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Boris Kuzman: Institute of Agricultural Economics, Belgrade, Serbia
Milica Simic: Alfa BK University, Belgrade, Serbia
Jelena Damjanovic: School of Business, Novi Sad, Serbia

International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2018, vol. 7, 35-45

Abstract: Foreign investment represents a key factor in growth and job creation for each EU Member States. This is particularly true for the European Union whose economy is largely based on open trade and investment. Through the investment of a modern company, it is able to be involved in the creation of global value chains that have an increasing role in the contemporary international economy. In addition to creating new trading opportunities, it also contributes to the creation of new jobs and revenue. Therefore, trade agreements should promote investment, but also to create new opportunities for modern companies in terms of investment globally. The European Union (EU) today is the world’s largest source and destination for foreign direct investment (FDI). As such, it has an interest in facilitating and protecting international investment, as well as providing support to all its investors abroad. Namely, since the Union supports high standards of promotion and protection investment in its territory, its natural interest is reflected in the obtaining of credible and feasible guarantees for investments and investors from the EU abroad.

Keywords: European Union; foreign direct investments; company; supports; trade (search for similar items in EconPapers)
Date: 2018
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