2 Amendments of Lars ADAKTUSSON related to 2017/0125(COD)

Proposal for a regulation
Recital 13

(13) As the Programme aims at enhancing the competitiveness of the Union's defence industry, only entities established in the Union and effectively controlled by Member States or their nationals should be eligible for support. Additionally, in order to ensure the protection of essential security interests of the Union and its Member States, the infrastructure, facilities, assets and resources used by the beneficiaries and subcontractors in actions funded under the Programme, shall not be located on the territory of non-Member States. Other aspects which are likely to influence decision-making on strategic economic issues, such as composition of the board and executive management, shareholder rights, financial ties and commercial cooperation between the undertaking and any shareholders in third countries, should also be examined.

2017/11/24
Committee: AFET

Lars ADAKTUSSON

Proposal for a regulation
Article 7 – paragraph 1

1. Beneficiaries shall be undertakings 1. established in the Union, in which Member States and/or nationals of Member States own more than 50% of the undertaking and effectively control it within the meaning of Article 6(3), whether directly or indirectly through one or more intermediate undertakings. In addition, all infrastructure, facilities, assets and resources used by the participants, including subcontractors and other third parties, in actions funded under the Programme shall not be located on the territory of non-Member States during the entire duration of the action. Material, non-material and human resources should be free to use and free of restrictions vis-à-vis third countries.

2017/11/24
Committee: AFET

2 Amendments of Lars ADAKTUSSON related to 2017/0125(COD)

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