Activities of Syed KAMALL related to 2018/0093M(NLE)
Shadow reports (1)
REPORT containing a motion for a non-legislative resolution on the draft Council decision on the conclusion of the Free Trade Agreement between the European Union and the Republic of Singapore PDF (168 KB) DOC (61 KB)
Amendments (13)
Amendment 9 #
Motion for a resolution
Recital A
Recital A
A. whereas the EU and Singapore share the same fundamental values, including democracy, rule of law, respect for human rights, cultural and linguistic diversity and a strong commitment to open trade and the multilateral trading system;
Amendment 11 #
Motion for a resolution
Recital B
Recital B
B. whereas this is the first bilateral trade agreement concluded between the EU and an ASEAN member state and an important stepping stone towards a final objective of a region- to-region FTA; whereas the agreement will also serve as a benchmark for the agreements the EU is currently negotiating with the other main ASEAN economies;
Amendment 16 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
E a. whereas Singapore is a high- income economy with a gross national income of USD 52600 per capita as of 2017; whereas its economic growth has been amongst the world's highest, at average of 7,7 percent since independence,
Amendment 18 #
Motion for a resolution
Recital F
Recital F
F. whereas Singapore ranks among the easiest countries in the world to do business with; is one of the world's most competitive economies and is one of the least corrupt worldwide;
Amendment 20 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
F a. whereas manufacturing, particularly in electronics and precision engineering sectors, and services sectors remain the twin pillars of Singapore's high value-added economy;
Amendment 24 #
Motion for a resolution
Recital H
Recital H
H. whereas more than 10 000 European companies have their regional offices in Singapore; whereas around 50 000 EU companies export to Singapore, of which 83 percent are small and medium sized enterprises (SMEs),
Amendment 26 #
Motion for a resolution
Recital H a (new)
Recital H a (new)
H a. whereas EUSFTA is likely to have very positive effect on trade and investment flows between the EU and Singapore, whereas a 2018 study prepared for the European Parliament estimates that, over the first five years, trade volumes between the EU and Singapore would grow by 10%;
Amendment 36 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. NotStresses that negotiations were originally concluded in 2012 and deeply regrets the long delay in bringing forward the agreement for ratification; calls therefore for speedy ratification process and its conclusion in the current parliamentary mandate so that the agreement enters into force as soon as possible;
Amendment 49 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses the economic and strategic importance of this agreement as it is a stepping stone for the region to region EU-ASEAN trade deal in the future, as Singapore is a hub for the entire ASEAN region and as this will avoid EU exporters being at a competitive disadvantage in respect of businesses from the other CPTPP and RCEP countries;
Amendment 59 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Underlines that the agreement will grant EU companies better access to the Singapore services market such as in financial, telecommunications, engineering, architectural services, maritime transport and postal services and that such liberalisation follows a ‘positive list’ approach;
Amendment 91 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Emphasises that this is a progressive trade agreement and that both Parties committed in the trade and sustainable development (TSD) chapter to ensure a high level of environmental and labour protection; notes that the agreement also includes a chapter on renewable energy generation;
Amendment 106 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. RecallNotes that the EU-Singapore Partnership and Cooperation Agreement (PCA) envisages the possibility for the EU to suspend the FTA in case of fundamental human rights violations by Singapore;
Amendment 111 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Calls on the Commission to trigger the general review clause of the agreement as soon as possible in order to strengthen the enforceability of labour and environmental provisions including through a sanctions-based mechanism as a last resort;