Activities of Timothy Charles Ayrton TANNOCK related to 2014/2205(INI)
Shadow opinions (1)
OPINION on Private sector and development
Amendments (12)
Amendment 3 #
Draft opinion
Paragraph 1
Paragraph 1
1. Stresses that, under Article 208 TFEU, the primary objective of EU development cooperation is to reduce and eradicate poverty; highlights the fact that development cooperation must be guided by that objective and not by geostrategic or economic interests; refuses to accept that development cooperation should be subordinarecognises that poverty has multiple and interlinked causes, including economic, political, socio-cultural, environmental, warfare, and security; further recognises that as the main engine of growth, the private sector has a central role to play in development cooperation, which can in turn contribute to external and security policy aims;
Amendment 9 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Believes that economic development is key to eradicating poverty and that progress in this area is essential if the goal of ending extreme poverty by 2030 is to be achieved; further supports the objectives of the Millennium Development Goals as the framework for alleviating poverty and other aspirations, including improvements to health and education;
Amendment 19 #
Draft opinion
Paragraph 2
Paragraph 2
Amendment 31 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2 a. Believes the private and public sectors are most effective when they work together in order to create a healthy environment for investment, business activity and the foundations for economic growth;
Amendment 32 #
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2 b. Notes that no country has been able to eradicate poverty without economic growth, and no country will graduate from aid without it; Further believes that the private sector is a critical driver of economic growth and can make a significant contribution to poverty reduction and higher living standards through the provision of more and better jobs, higher wages, and improved and affordable goods and services;
Amendment 34 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2 c. Stresses that structural and institutional reforms, backed by sound policy implementation and fair laws, rights and regulations, can act as a catalyst to private sector investment and export growth which will, in turn, contribute to the development goals and the alleviation of poverty;
Amendment 35 #
Draft opinion
Paragraph 2 d (new)
Paragraph 2 d (new)
2 d. Welcomes the role played by foreign private sector investment in developing countries in accelerating domestic development; further stresses the importance of encouraging responsible investment which supports local markets and helps alleviate poverty;
Amendment 36 #
Draft opinion
Paragraph 3
Paragraph 3
Amendment 46 #
Draft opinion
Paragraph 4
Paragraph 4
Amendment 54 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Supports the G8 commitments on tax, transparency and trade which underpin economic development, including the implementation of internationally agreed guidelines to promote good business practice and protect land tenure and property rights;
Amendment 60 #
Draft opinion
Paragraph 5
Paragraph 5
5. Calls on the EU and itsWelcomes the initiatives taken by some Member States to support developing countries in garnering their resources, e.g. through national tax systems, and in combating illicit financial flows and corruption, as a result of which developing countries lose at least € 660-870 billion a year2 ; calls for the ownership principle to be resolutely acted on; calls for effectiv; Further believes that a stable economic climate is conducive to growth, investment, access to affordable finternational rules against tax avoidance and evasance, and to revenue collection; __________________ 2 Eurodad.
Amendment 75 #
Draft opinion
Paragraph 6
Paragraph 6
6. Calls on thWelcomes the commitment of some Member States to honour the commitmentpledge to give over 0.7% of their GDP to development assistance; stresses that private funds must not be used to increase contributions artificially.