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Вестник Северо-Восточного федерального университета имени М. К. Аммосова. Vestnik of North-Eastern Federal University. Серия «Общественные науки. Social science»

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Development of invest mentactivity in the territory of the Republic of Sakha (Yakutia) on the basis of the inter govern mental agree menton investment protection between the Russian Federation and the People’s Republic of China

https://doi.org/10.25587/2587-5612-2025-2-5-11

Abstract

The purpose of this article is to study the legal aspects of investment activities in the Republic of Sakha (Yakutia) in the context of the development of the Arctic, as well as in connection with the conclusion of an intergovernmental agreement on investment protection between the Russian Federation and the People’s Republic of China in 2025. The main research methods used are comparative legal, formal legal, economic, and systemic analysis. The article examines the investment activities in the Republic of Sakha (Yakutia), the potential for such economic activities, and the existing challenges posed by harsh climatic conditions and infrastructure limitations. The article outlines the areas of investment activity, including infrastructure projects, mining, and the development of the Northern Sea Route. It also examines the transformation of foreign investment in the Republic of Sakha (Yakutia) due to geopolitical changes and the reorientation towards Asian markets, particularly the People’s Republic of China. The article analyzes bilateral agreements between the Russian Federation and the People’s Republic of China aimed at developing investment cooperation, including the Memorandum of Understanding on the Establishment of the Business Council for the Far East and the Baikal Region and the Memorandum on Strengthening Regional, Industrial, and Investment Cooperation. The article also provides an analysis of the main provisions of the Intergovernmental Agreement between the Russian Federation and the People’s Republic of China on the Promotion and Mutual Protection of Investments. The importance of this document for creating a stable legal environment and eliminating legal uncertainty in the field of joint investment activities, including in the Republic of Sakha (Yakutia), is emphasized. The practical significance of the study lies in the legal analysis of the main provisions of this agreement and their potential legal effect in the field of investment.

About the Authors

P. P. Battakhov
Institute of State and Law of the Russian Academy of Sciences ; M.K. Ammosov North-Eastern Federal University
Russian Federation


S. P. Sayapin
Institute of State and Law of the Russian Academy of Sciences
Russian Federation


References

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4. Лисица В.Н. Право государства на экспроприацию иностранных инвестиций. Московский журнал международного права. 2008;(4):159-179.

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For citations:


Battakhov P.P., Sayapin S.P. Development of invest mentactivity in the territory of the Republic of Sakha (Yakutia) on the basis of the inter govern mental agree menton investment protection between the Russian Federation and the People’s Republic of China. Вестник Северо-Восточного федерального университета имени М. К. Аммосова. Vestnik of North-Eastern Federal University. Серия «Общественные науки. Social science». 2025;(2):5-11. (In Russ.) https://doi.org/10.25587/2587-5612-2025-2-5-11

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