8 Amendments of George Sabin CUTAȘ related to 2011/0442(COD)
Amendment 21 #
Proposal for a decision
Recital 2 a (new)
Recital 2 a (new)
(2a) In line with its commitments, the EBRD should contribute through its investments to the effective implementation of relevant principles and rules of international law that relate to labour, environment, as well as corporate responsibility and public access to environmental information.
Amendment 23 #
Proposal for a decision
Recital 2 b (new)
Recital 2 b (new)
(2b) Bearing in mind the fragility of economies in its new countries of operation and the existence of social inequalities which stand as a root of the turmoil of the Arab Spring, the EBRD should not only focus on delivering a developed private sector, but also on contributing through its financing to the achievement of socially just and environmentally sustainable societies, in accordance with the Millennium Development Goals.
Amendment 27 #
Proposal for a decision
Recital 5
Recital 5
(5) In carrying out its activities in the Southern and Eastern Mediterranean region, the EBRD should be encouraged to continue its close engagement with the EU and to develop a close cooperation with the EIB and other European and international public financing institutions in order to make full use of their comparative advantages. The EBRD should also avoid duplicating the activities of those other public financing institutions.
Amendment 30 #
Proposal for a decision
Recital 5 a (new)
Recital 5 a (new)
(5a) Before the EBRD engages in a potential new country of operation, it is required to make a detailed technical assessment of the economic and political conditions existing in the country concerned, including possible transition gaps in that country's commitment to the principles of multi-party democracy, pluralism and market economics, as enshrined in Article 1 of the agreement establishing the EBRD (the Agreement). Moreover, the EBRD should review the activities of other international financial institutions in that country and should set its priorities in such a way as to make the best make use of its unique knowledge and skills. The representatives of the Union in the governing bodies of the EBRD should encourage the EBRD to take full account fully of the views of the Union and the wider international community in its technical assessments.
Amendment 46 #
Proposal for a decision
Article 2 – paragraph 1 a (new)
Article 2 – paragraph 1 a (new)
The representatives of the Union in the governing bodies of the EBRD shall encourage the Board of Governors of the EBRD to adopt a clear plan on the way in which it will finance its new activities falling within the scope as extended by this Decision, and provide accordingly a public statement of its priorities within this new area.
Amendment 48 #
Proposal for a decision
Article 2 – paragraph 1 b (new)
Article 2 – paragraph 1 b (new)
When the Board of Governors of the EBRD has signed an agreement with a donor for the cooperation funds or special funds, it shall inform the Commission and the European Parliament accordingly.
Amendment 49 #
Proposal for a decision
Article 2 – paragraph 1 c (new)
Article 2 – paragraph 1 c (new)
The Commission and the representatives of the Union in the governing bodies of the EBRD shall take all appropriate measures to encourage the EBRD to refrain from large-scale lending operations in countries where there is a lack of political accountability, where civic and human rights are infringed or where corruption persists. The Commission shall take all appropriate measures to encourage the EBRD not to undertake activities that conflict with Union policies on civic and human rights and to support projects that promote sustainable development.
Amendment 50 #
Proposal for a decision
Article 2 – paragraph 1 d (new)
Article 2 – paragraph 1 d (new)
The EBRD shall disclose the evaluation of projects and beneficiaries of its projects by regularly publishing information with regards to the amounts disbursed, the recipients of these amounts, and the regions and sectors of industry to which disbursements have been made.