8 Amendments of Michael THEURER related to 2010/2203(INI)
Amendment 46 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Urges the Commission to develop the EU's investment strategy in a careful and coordinated manner drawing on the best practise of BITs; notes the divergence of content within Member State agreements and calls on the Commission to reconcile these divergences to provide a strong Union template for investment agreements;
Amendment 123 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Stresses that the EU's future policy must promote investment which is sustainable, respects the environment (particularly in the area of extractive industries) and encourages good quality working conditions in the enterprises targeted by the investment; asks the Commission to include, in all future agreements, a reference to the updated OECD Guidelines for Multinational Enterprises whilst maintaining investment protection;
Amendment 132 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Reiterates, with regard to the investment chapters in wider free trade agreements (FTAs), its call for a corporate social responsibility clause and legally binding social and environmental clauses to be included in every FTA the EU signs;
Amendment 137 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Requests that the Commission assesses how such clauses have been also be included in stand-alone investment agreements, in chapters to which the dispute settlement mechanism applieMember State BITs and to incorporate best practice into EU investment agreements;
Amendment 138 #
Motion for a resolution
Paragraph 21
Paragraph 21
Amendment 159 #
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
25a. Is concerned that the Commission's geographical investment strategy is very limited and largely restricted to ongoing FTA negotiations; calls on the Commission, in cooperation with the European Parliament and the Council, to develop a more comprehensive strategy beyond the confines of FTA negotiations including developing and lesser developed countries
Amendment 162 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Endorses the principle that priority partners for future EU investment agreements shall be countries that have great market potential but where foreign investments need better protection; is therefore surprised that the first target for an investment agreement was Canada where the EU investments are already well protected;
Amendment 164 #
Motion for a resolution
Paragraph 26 a (new)
Paragraph 26 a (new)
26a. Moreover notes that investment risk is generally higher in developing and lesser developed countries and that strong, effective investor protection in the form of investment treaties are key to protecting European investors and increasing FDI into these countries; considers increased investment in developing countries as essential for development and improving governance, and calls on the Commission to assess viable future partners, drawing on Member State experience with BITs;