12 Amendments of Helmuth MARKOV related to 2008/2135(INI)
Amendment 8 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. whereas India’s GDP is approximately 6% of the size of the EU’s; whereas the EU’s trade with India makes up about 2% of its total trade, while India’s trade with the EU represents approximately 20% of its overall trade and studies have predicted that under an FTA with the EU, India’s imports would increase far more significantly than its exports; whereas this scenario could increase India’s current account deficit and consequently its dependence on external financing;
Amendment 33 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Believes that the FTAeconomic relations should be comprehensive, compatible with and complementary to the WTO rules and obligations; the DDA remains both the European Union's and India's trade priority;
Amendment 37 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Welcomes the outcome of the 9th EU- India Summit and the revised Joint Action Plan; recalls the pledge of the European Union and India to accelerate FTA talks; is disappointed with the slow pace of negotiations; calls for both parties to conclude a comprehensive, ambitions and balanced FTA by the end of 2009encourages the negotiating parties not to set artificial deadlines on the negotiations but to ensure that sufficient time is taken for more thorough consultations with key stakeholders including parliamentarians and civil society in India as well as in the European Union, so that any final agreement is a balanced one that takes account of the interests and perspectives of all affected stakeholders;
Amendment 43 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Points to the future potential for an increase in EU-India trade and investment; considers the EU- India FTA as win-win scenariounderlines that the agreement must contain instruments to ensure that this increase in trade brings benefits to the widest number of people, as well as to the environment, and does not mitigate against India’s achievement of the millennium development goals;
Amendment 44 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Encourages the parties also to address the potential disadvantages of the FTA and the ways in which human development and gender equality may be adversely affected by the rapid opening of markets; recognises the right of governments to maintain necessary 'policy space' and regulatory capacities to shape economic and social policies that serve their most vulnerable people, including trade measures to protect weak economic actors;
Amendment 47 #
Motion for a resolution
Paragraph 5 b (new)
Paragraph 5 b (new)
5b. Underlines the necessity of a transparent negotiations process; calls therefore on the Commission to publish negotiation documents and to consult with the Parliament and civil society during the negotiating process;
Amendment 48 #
Motion for a resolution
Paragraph 5 c (new)
Paragraph 5 c (new)
5c. Stresses that an agreement should include a continued monitoring and comprehensive review system, in order to observe the socio-economic impact of the agreement, including the costs and consequences of implementation and, if necessary, to amend provisions of the agreement and to adjust their application;
Amendment 56 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Notes India's decreased average applied tariffs; stresses that these levels remain a genuine problem for European industry;
Amendment 82 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Points out that services liberalisation must in no way hinder the right to regulate services, especially to develop and maintain strong public services;
Amendment 89 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Notes that India is gradually liberalising its banking sector; encourages India to allow more competition; recalls at the same time the importance of strong and well designed rules and regulations for financial services and control of international financial transactions;
Amendment 105 #
Motion for a resolution
Paragraph 23 a (new)
Paragraph 23 a (new)
23a. Recalls that in order for investment to be beneficial it needs to be accompanied by well-designed rules and regulations; therefore calls on the Commission to advocate rules for transnational companies in the agreement to make sure investors respect core ILO standards, social and environmental covenants and international agreements to achieve a balance between economic growth and higher social and environmental standards;
Amendment 106 #
Motion for a resolution
Paragraph 23 b (new)
Paragraph 23 b (new)
23b. Recalls that while FTA investment chapters have often come accompanied with commitments to liberalise capital movements and renounce capital controls, such clauses should be approached with extreme caution, given the importance of capital controls – especially for developing countries - to mitigate against the impact of the financial crisis;