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Abstract:
The inter-regional cooperation between the European Union (EU) and its Southern and Eastern neighbours (currently covered by the European Neighbourhood Policy) was developed with the objective of strengthening the prosperity, stability and security of all the countries involved. In this context, foreign direct investment (FDI) should be regarded as one of the most important tools to be used in order to fulfil the aim of strengthening the prosperity of the cooperating countries, including in particular the development of the less developed EU neighbours. This paper explores the question of whether the inter-regional cooperation between the EU and its Southern and Eastern neighbours resulted in the creation of an institutional (legal) framework conducive to the FDI inflow to the ENP partner-countries.
