BETA

Activities of Notis MARIAS related to 2017/0224(COD)

Plenary speeches (1)

Framework for screening of foreign direct investments into the European Union (debate) EL
2016/11/22
Dossiers: 2017/0224(COD)

Amendments (12)

Amendment 59 #
Proposal for a regulation
Recital 1
(1) Foreign direct investment should contributes to the Union's growth, by enhancing its competitiveness, creating jobs and economies of scale, bringing in capital, technologies, innovation, expertise, and by opening new markets for the Union's exports. It should supports the objectives of the Commission's Investment Plan for Europe and contributes to other Union projects and programmes.
2018/03/02
Committee: ITRE
Amendment 66 #
Proposal for a regulation
Recital 3
(3) Pursuant to the international commitments undertaken in the World Trade Organisation, the Organisation for Economic Cooperation and Development, and in the trade and investment agreements concluded with third countries, the Union and Members States may adopt restrictive measures relating to foreign direct investment on the grounds of security or public order, subject to certain requirementswhenever they deem it appropriate.
2018/03/02
Committee: ITRE
Amendment 68 #
Proposal for a regulation
Recital 4
(4) Several Member States have justifiably put in place measures according to which they may restrict the movement of capital between Member States and between Member States and third countries on grounds of public policy or public security. Those measures reflect Member States' objectives and concerns with respect to foreign direct investment, and result in a number of different measures in terms of scope and procedure. Other Member States do not have such mechanisms.
2018/03/02
Committee: ITRE
Amendment 73 #
Proposal for a regulation
Recital 6
(6) Foreign direct investment falls within the common commercial policy. In accordance with Article 3(1)(e) TFEU, the European Union has exclusive competence with respect to the common commercial policy, while respecting the exclusive competence of its Member States to safeguard their national security in relation to foreign direct investment.
2018/03/02
Committee: ITRE
Amendment 83 #
Proposal for a regulation
Recital 8
(8) The framework for the screening of foreign direct investment should first and foremost provide the Member States and the Commission with the means to address risks to security or public order in a comprehensive manner, and to adapt to changing circumstances, whilst maintaining the necessary flexibility for Member States to screen foreign direct investments on grounds of security and public order taking into account their individual situations and national circumstances.
2018/03/02
Committee: ITRE
Amendment 103 #
Proposal for a regulation
Recital 14
(14) A mechanism which enables Member States to cooperate and assist each other where a foreign direct investment in one Member State may affect the security or public order of other Member States should be set up. Member States should be able to provide comments to a Member State in which the investment is planned or has been completed, irrespective of whether the Member States providing comments or the Member States in which the investment is planned or has been completed maintain a screening mechanism or are screening the investment. The comments of Member States should also be forwarded to the Commission. The Commission should also have the possibility, where appropriate, to issue an opinion to the Member State in which the investment is planned or has been completed, irrespective of whether this Member State maintains a screening mechanism or is screening the investment and irrespective of whether other Member States have provided comments.deleted
2018/03/02
Committee: ITRE
Amendment 112 #
Proposal for a regulation
Recital 15
(15) Furthermore, the Commission should have the possibility to screen foreign direct investments likely to affect projects and programmes of Union interest on grounds of security or public order. This would give the Commission a tool to protect projects and programmes which serve the Union as whole and represent an important contribution to its economic growth, jobs and competitiveness. This should include in particular projects and programmes involving a substantial EU funding or established by Union legislation regarding critical infrastructure, critical technologies or critical inputs. For greater clarity, an indicative list of projects or programmes of Union interest in relation to which foreign direct investment can be subject to a screening by the Commission should be listed in an Annex.deleted
2018/03/02
Committee: ITRE
Amendment 118 #
Proposal for a regulation
Recital 16
(16) Where the Commission considers that a foreign direct investment is likely to affect projects or programmes of Union interest on grounds of security or public order, the Commission should have the possibility to address an opinion to the Member States in which such investment is planned or completed within a reasonable timeframe. The Member States should take utmostinto account of the opinion and provide an explanation to the Commission if they do not follow this opinion, in compliance with their duty of sincere cooperation under Article 4(3) TEU. The Commission should also have the possibility to request from those Member States the information necessary fof the Commission on the basis of sincere cooperation. The Commission may request any information from the competent national author its screening ofies regarding such investment.
2018/03/02
Committee: ITRE
Amendment 122 #
Proposal for a regulation
Recital 17
(17) In order to facilitate the cooperation with other Member States and the screening of foreign direct investment by the Commission, Member States should notify their screening mechanisms and any amendment thereto to the Commission, and shouldmay report on the application of their screening mechanisms on a regular basis. For the same reason, Member States that do not havemaintain a screening mechanism should also report on the foreign direct investments that took place in their territory, on the basis of the information available to them.
2018/03/02
Committee: ITRE
Amendment 129 #
Proposal for a regulation
Recital 18
(18) To that end, it is also important to ensure a minimum level of information and coordination with regard to foreign direct investments falling under the scope of this Regulation in all Member States. This information should be made available by the Member States in which the foreign direct investment is planned or has been completed upon request of the Member States or of the Commission. Relevant information includes aspects such as the ownership structure of the foreign investor and the financing of the planned or completed investment, including, when available, information about subsides granted by third countries.
2018/03/02
Committee: ITRE
Amendment 132 #
Proposal for a regulation
Recital 19
(19) The communication and cooperation at Member State and Union level should be enhanced through the establishment of contact points for the screening and monitoring the course of foreign direct investments in each Member State.
2018/03/02
Committee: ITRE
Amendment 135 #
Proposal for a regulation
Recital 21
(21) No later than threewo years after the entry into force of this Regulation, the Commission should present to the European Parliament and the Council a report on the application of this Regulation. Where the report proposes modifying the provisions of this Regulation, it may be accompanied, where appropriate, by a legislative proposal.
2018/03/02
Committee: ITRE