8 Amendments of Christofer FJELLNER related to 2018/0095M(NLE)
Amendment 10 #
Motion for a resolution
Recital D
Recital D
D. whereas there are currently more than 3 000 international investment treaties in force and EU Member States are party to some 1 400; whereas such treaties are inconsistent in their scope, procedures, transparency standards and safeguards for the right to regulate;
Amendment 15 #
Motion for a resolution
Recital I
Recital I
I. whereas it is arguable whether developed economies with properly functioning judiciary systems should need to avail themselves of investor-state dispute settlement mechanismnvestor-state dispute settlement mechanisms still has a role between developed economies with properly functioning judiciary systems as to ensure speedy and foreseeable resolution of disputes;
Amendment 26 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. WelcomNotes the EU’s new approach to investment protection and its enforcement mechanism (ICS), which has replaced the highly controversial investor- to-state dispute settlement (ISDS);
Amendment 34 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Notes that the agreement will ensure a high level of investment protection while safeguarding the Parties’ right to regulate and pursue legitimate public policy objectives, such as public health and, environmental protection and prudential regulation;
Amendment 63 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. WelcomNotes Singapore’s commitment to the multilateral investment court, a public international court which should be empowered to hear disputes on investments between investors and states that will have accepted its jurisdiction over their bilateral investment treaties, and whose ultimate goal is to overcome the current, unbalanced and fragmented investment protection regime; considers the agreement a crucial stepping stone towards that end;
Amendment 66 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Highlights that the agreement will replace the existing bilateral investment treaties between 13 EU Member States and Singapore, which are based on outdated investment protection provisions and include the controversial ISDS; considers that this constitutes an important step in reforming global rules on investment dispute settlement and, it is hoped, will progressively lead to the removal of ISDS from bilateral investment treaties;
Amendment 82 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Regrets the lack of provisions on investors’ obligations, including binding corporate social responsibility standards; calls on the Commission toCalls on the Commission to refrain from proposeing legislation laying down mandatory due diligence standards in sectors other than conflict minerals and timber, such as the garm unless for imperative and urgent reasons and when multilateral solutions are provent industryadequate;
Amendment 86 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Warmly welcomes the work initiated in the UN by the open-ended intergovernmental working group on transnational corporations and other business enterprises with respect to human rights on the establishment of a binding UN instrument; calls on the Commission and the EU Member States to engage constructively in the negotiations;