11 Amendments of Klaus BUCHNER related to 2017/2274(INI)
Amendment 4 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Notes that the EU is open to Chinese capital, investment, and goods, whereas China seeks to restrict the access to foreign actors and capital; considers reciprocity an instrument that should strategically serve the ultimate and long- term purpose of defending liberal democracy, fundamental rights and open trade based on multilateral rules; notes that the EU definition of connectivity includes labour, social and environmental standards;
Amendment 10 #
Draft opinion
Paragraph 2
Paragraph 2
2. Notes that China is a major global trade player and that this could represent a good opportunity for EU businessesthe EU;
Amendment 21 #
Draft opinion
Paragraph 3
Paragraph 3
3. Notes that EU outward foreign direct investment in China has steadily decreased since 2012, while China’s investment in the EU has grown exponentially over the past years; notes that China is overall becoming a global net exporter of capital;
Amendment 23 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Is deeply concerned about international trade tensions, in particular between the US and China and the EU and China; notes that, in the present context of global value chains, trade tensions should be resolved through negotiations, particularly under WTO auspices; calls on the Commission to size up the opportunities that recurring to multilateral trade institutions and instruments would provide; advocates cooperating with the EU´s international partners to foster fair, value-based and free international trade;
Amendment 33 #
Draft opinion
Paragraph 4
Paragraph 4
4. Calls on China to act on President Xi Jinping’s commitmentsNotes that China has not lived up to indications given at the Third Party Plenum to further open up the Chinese market to foreign inveseconomic operators, strengthen the protection of intellectual property rights and level the playing field by making China’s market more transparent and better regulated; regrets that, on the contrary, key measures have been recently adopted that make the overall business environment more hostile for foreign and private economic operators and for bilateral relations more widely, such as the decision to establish groups of the CCP within private companies, including foreign firms, the Cybersecurity Law and the NGO Law;
Amendment 46 #
Draft opinion
Paragraph 5
Paragraph 5
5. Calls for coordinated cooperation with China on the Belt and Road Inionsiders China's One Belt, One Road (OBOR) initiative as being of great relevance to the interests of the EU and its Member States; underscores the concerns that have been raised by 27 EU ambassadors to China recently; insists that the OBOR initiative must be pursued in a multilativeeral governance approach and on the basis of open, fair and transparent rules, in particular regarding public procurementcluding rules on public procurement, sustainability, climate relevancy, fundamental and indigenous rights;
Amendment 54 #
Draft opinion
Paragraph 6
Paragraph 6
6. SupportsBelieves that the ongoing negotiations on a comprehensive EU-China Investment Agreement; calls for further recipr should constitute a means to encourage sustainable economic reforms in China and to ensure that fair competition and level-playing field apply in commercial activities; calls upon the European Commission to pay particular attention to the role of Chinese SOEs; considers that a fully-fledged binding and enforceable Trade and Sustainable Development Chapter that is line with the EU’s best practices in terms of the Parties’ commitments on social and environmental standards, and which provides for Civil Society in market access; Fora and Domestic Advisory Groups, is a necessary precondition of the Parliament’s approval of such investment agreement; calls on the Commission to pursue a cautious approach with regard to capital movements and the prudential carve out for financial services; believes that the investment agreement should not include negative lists in order to more effectively protect the right to regulate;
Amendment 70 #
Draft opinion
Paragraph 7
Paragraph 7
7. Calls on China to strive to play a responsible role on the global stage, including by giving its active support to the multilateral rules-based trading system and the WTO and by consistently abiding by the multilateral trade rules; underlines the notification and transparency obligations with regard to subsidies provided by WTO Agreements and calls on the Commission to take the lead in steering the reform of the WTO subsidy rules;
Amendment 86 #
Draft opinion
Paragraph 9
Paragraph 9
9. Expresses concern about market access being increasingly conditional on technology transfers, as stated in the EU Chamber of Commerce in China’s 2017 position papConsiders that technology transfers should be used in a mutually-beneficial manner;
Amendment 97 #
Draft opinion
Paragraph 10 a (new)
Paragraph 10 a (new)
10a. Welcomes the recent reforms of the EU Trade Defence Instruments and calls on the Commission to swiftly follow up on its commitments to take into account in its calculation methodologies significant distortions related to social and environmental standards applicable in the exporting countries, as well as social and environmental standards in relation to the exporting countries' costs of production;
Amendment 105 #
Draft opinion
Paragraph 10 b (new)
Paragraph 10 b (new)
10b. Welcomes the proposal of the European Commission with regard to the introduction of an EU wide cooperation mechanism on foreign direct investment screening;