4 Amendments of Iuliu WINKLER related to 2018/0358M(NLE)
Amendment 28 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the EU’s new approach to investment protection and its enforcement mechanism (ICS), which has replaced the investor-to-state dispute settlement (ISDS); underlines the fact that ICS represents a modern, innovative and reformed investment resolution mechanism; notes that it marks significant change in the level of substantive protection afforded to investors and the manner in which investor-state disputes are resolved; recalls that the establishment of an independent multilateral investment court would give greater legal certainty to all parties; welcome the strong commitment of Viet Nam to the rules- based multilateral trading system;
Amendment 34 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Notes that the agreement will ensure a high level of investment protection and legal certainty while safeguarding the right of the Parties to regulate and pursue legitimate public policy objectives, such as public health and environmental protection; emphasises that the agreement will ensure transparency and accountability; welcomes the EU’s new approach to Investment Protection and its enforcement mechanism of ICS which enhances the quality of individual approaches of bilateral investment treaties concluded by EU MS;
Amendment 45 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Welcomes the transparency rules applying to proceedings before the tribunals, which include provisions guaranteeing that case documents will be publicly available, hearings will be held in public, and interested parties will be allowed to make submissions; believes that increased transparency will help to instil public trust in the system, as well as ensuring that all human rights and sustainable development aspects are effectively heard by the investment tribunals; additionally welcomes the clarity regarding the grounds on which an investor can challenge, which ensures additional transparency and fairness of the process;
Amendment 66 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Encourages the Commission to continue its work on making the ICS more accessible to small and medium-sized enterprises (SMEs); underlines the potential for growth and significant benefits that are hereby made available to European Small and Medium-sized Enterprises, considering this sector of the economy of vital interest for European prosperity and innovation;