International Legal Framework for Energy Cooperation Between the Russian Federation and the Republic of South Africa

Abstract

The article provides a comprehensive analysis of the international legal acts concerning cooperation between Russia and South Africa in the field of energy. The theoretical and methodological basis of the study is formed by such methods of formal logic as methods of theoretical and legal analysis, synthesis, generalization and analogy, as well as the comparative method of legal study. The scientific novelty of the research is a reflection of the fact that it is the first study in which international legal acts concerning cooperation between Russia and South Africa in the field of energy are summarized, systematized and analyzed. The author has identified trends in the international legal framework for energy cooperation between Russia and South Africa and the energy sectors in which its development is possible. It is found that few international agreements in the field of energy have been concluded between Russia and South Africa. The intergovernmental agreement on cooperation in the field of energy, which establishes the general framework for international cooperation between the states in the field of energy, is of special importance. In the field of the peaceful use of atomic energy there is an intergovernmental treaty on the peaceful use of atomic energy that establishes a list of certain specific areas of cooperation in this field, while there are no certain projects for implementation. Taking into account the problems of energy shortage and the need for foreign investment in South Africa, it is concluded that mutually beneficial international agreements with South Africa on the construction of energy facilities should be celebrated, being accompanied by the provision of a state loan by Russia for the purposes of projects. Such a mechanism would allow Russian companies to expand their presence in the energy sector of South Africa.