CHALLENGES FACED BY FOREIGN INVESTORS IN THE BRAZIL’S ENERGY SECTOR

Authors

  • Fernanda Torres Volpon Universidade do Estado do Rio de Janeiro
  • Luciene Machado Universidade Presbiteriana Mackenzie

DOI:

https://doi.org/10.17768/pbl.y4.n5-6.p347-375

Abstract

The Brazilian energy sector suffered constantly changes during the past years. The process of transformation looked for a competitive market aiming funds to develop infrastructure in Brazil. Foreign investment is necessary to develop and strengthen the energy market, but the sector still present some challenges to be faced by the foreign investors. As consequence, some questions shall be raised in connection with the real effectiveness of mechanisms imposed to foreign investment at its entrance in the Brazilian energy sector. Does the Brazilian legal framework provide legal certainty to the foreign investors interested in investing in the energy sector? The objective of this article is to provide an overview of reform made to the energy market and current hindrances to the investor’s entry in such sector.

Author Biographies

Fernanda Torres Volpon, Universidade do Estado do Rio de Janeiro

PhD Candidate in International Law at Rio de Janeiro State University - UERJ. Master of Laws in International Law at Rio de Janeiro State University - UERJ. CAPES Scholarship Student. Student Member of Association of International Petroleum Negotiators (AIPN).

Luciene Machado, Universidade Presbiteriana Mackenzie

Post-graduated in Corporate Law at Presbiteriana Mackenzie University. Graduated in Law at São Caetano do Sul University - USCS. Member of the Brazilian Institute of Energy Law Studies - IBDE.

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Published

2017-05-31

How to Cite

Volpon, F. T., & Machado, L. (2017). CHALLENGES FACED BY FOREIGN INVESTORS IN THE BRAZIL’S ENERGY SECTOR. PANORAMA OF BRAZILIAN LAW, 4(5-6), 347–375. https://doi.org/10.17768/pbl.y4.n5-6.p347-375