BETA


2018/0358M(NLE) EU/Vietnam Investment Protection Agreement

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead INTA BOURGEOIS Geert (icon: ECR ECR) WINKLER Iuliu (icon: EPP EPP), LANGE Bernd (icon: S&D S&D), KARLSBRO Karin (icon: Renew Renew), BRICMONT Saskia (icon: Verts/ALE Verts/ALE), LANCINI Danilo Oscar (icon: ID ID), MAUREL Emmanuel (icon: GUE/NGL GUE/NGL)
Former Responsible Committee INTA ZAHRADIL Jan (icon: ECR ECR)
Committee Opinion AFET WISELER-LIMA Isabel (icon: EPP EPP) Heidi HAUTALA (icon: Verts/ALE Verts/ALE), Lars Patrick BERG (icon: ID ID), Bert-Jan RUISSEN (icon: ECR ECR), Raphaël GLUCKSMANN (icon: S&D S&D)
Committee Opinion DEVE TOBÉ Tomas (icon: EPP EPP)
Former Committee Opinion DEVE FRUNZULICĂ Doru-Claudian (icon: S&D S&D) Dominique BILDE (icon: ID ID), Patrizia TOIA (icon: S&D S&D), Manon AUBRY (icon: GUE/NGL GUE/NGL), Stéphane BIJOUX (icon: RE RE)
Lead committee dossier:
Legal Basis:
RoP 105-p2

Events

2020/06/04
   EC - Commission response to text adopted in plenary
Documents
2020/02/12
   EP - Results of vote in Parliament
2020/02/12
   EP - Decision by Parliament
Details

The European Parliament adopted by 406 votes to 184, with 58 abstentions, a non-legislative resolution on the draft Council decision on the conclusion, on behalf of the Union, of the Investment Protection Agreement between the Union and its Member States, of the one part, and the Socialist Republic of Vietnam, of the other part.

Investment protection

The agreement replaces and supersedes the existing bilateral investment treaties between 21 EU Member States and Vietnam, which did not include the EU’s new approach to investment protection and its enforcement mechanism, the public Investment Court System (ICS). ;

In particular, the agreement shall:

- ensure a high level of investment protection and legal certainty while preserving the right of the parties to regulate and pursue legitimate public policy objectives in areas such as health, public services and the environment;

- ensure transparency and accountability;

- ensure that European investors in Vietnam receive fair treatment, which corresponds to a higher standard of protection than that applied at national level, and protect EU investors from illegitimate expropriations;

- strengthen economic, trade and investment relations with Vietnam in line with the objective of sustainable development and promote trade and investment in full compliance with internationally recognised standards and agreements in the field of human rights, environment and labour law.

Parliament called on the Commission to take further account of the fight against climate change and respect for the Paris Agreement in safeguarding the Parties’ right to regulate. It stressed the need for regular monitoring and reporting to the European Parliament on the use of this provision by European investors.

Members also insisted on investors' duty of due diligence with regard to sustainable business practices, in line with human rights, international labour conventions and environmental standards. Investments should promote the creation of quality jobs, support the local economy and fully comply with national regulations, including tax obligations.

Investor-State Dispute Settlement (ISDS)

Parliament welcomed the EU’s new approach to investment protection and its enforcement mechanism (ICS), which constitutes a revised, modern and innovative dispute resolution mechanism compared to the ISDS, significantly changing the level of substantive protection afforded to investors and the way in which investor-state disputes are resolved.

Members recalled that the ICS provides for the establishment of a permanent investment tribunal of first instance and an appeal tribunal, whose members must have qualifications comparable to those of the judges of the International Court of Justice and comply with strict rules of independence, integrity and ethics. They welcomed the transparency rules applicable to proceedings before the tribunals, which include provisions ensuring that case documents will be publicly accessible.

Concerned that the scope of application extends slightly beyond mere non-discrimination between foreign and domestic investors, Members recalled that the establishment of an independent multilateral investment court would give greater legal certainty to all parties.

Sustainable development and human rights

Although the Investment Protection Agreement does not contain a separate chapter on trade and sustainable development, the preamble contains specific references to the values and principles of trade and sustainable development enshrined in the EU-Vietnam Free Trade Agreement and to the Universal Declaration of Human Rights, thus ensuring that human rights are placed at the heart of EU-Vietnam relations.

Parliament called on the Vietnamese authorities to present concrete measures and called on the parties to use the agreements to improve the human rights situation in Vietnam, while stressing the importance of an in-depth dialogue on human rights between the EU and Vietnam.

Members called for an independent monitoring and complaints mechanism to provide citizens and stakeholders with an effective means of redress and an instrument against the possible negative impact of the agreement on human rights.

The Vietnamese authorities were urged to:

- take concrete measures regarding the implementation of the new cyber security law, in particular with regard to online surveillance and personal data protection measures, which are not compatible with the EU's values-based trade liberalisation agenda;

- ensure that the situation of women is improved so that they can benefit from this agreement;

- work with the European Union to define a plan to combat child labour, including the necessary framework for business.

The Commission was invited to make this agreement transparent and accessible through accompanying measures in favour of small and medium-sized enterprises (SMEs) and to continue its efforts to make the ICS more accessible to SMEs.

Documents
2020/02/11
   EP - Debate in Parliament
2020/01/27
   EP - Committee report tabled for plenary, single reading
Documents
2020/01/27
   EP - Committee report tabled for plenary
Documents
2020/01/21
   EP - Vote in committee
2019/12/05
   EP - Committee opinion
Documents
2019/12/03
   EP - Committee opinion
Documents
2019/11/14
   EP - Amendments tabled in committee
Documents
2019/10/24
   EP - Committee referral announced in Parliament
2019/10/15
   EP - Committee draft report
Documents
2019/09/30
   EP - WISELER-LIMA Isabel (EPP) appointed as rapporteur in AFET
2019/09/23
   EP - BOURGEOIS Geert (ECR) appointed as rapporteur in INTA
2019/09/04
   EP - TOBÉ Tomas (EPP) appointed as rapporteur in DEVE
2018/12/11
   EP - FRUNZULICĂ Doru-Claudian (S&D) appointed as rapporteur in DEVE
2018/11/19
   EP - ZAHRADIL Jan (ECR) appointed as rapporteur in INTA

Documents

Votes

A9-0014/2020 - Geert Bourgeois - Am 1 #

2020/02/12 Outcome: -: 439, +: 178, 0: 28
FR CY BE ?? AT FI LT EL IE LU LV EE NL SI MT DK BG HR SK SE CZ HU PT DE RO ES IT PL
Total
75
6
19
1
18
13
11
16
11
6
6
6
26
8
6
13
16
12
14
18
20
15
20
88
31
54
69
47
icon: Verts/ALE Verts/ALE
65

Belgium Verts/ALE

3

Austria Verts/ALE

Against (1)

3

Finland Verts/ALE

3

Lithuania Verts/ALE

2

Ireland Verts/ALE

2

Luxembourg Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Netherlands Verts/ALE

3

Denmark Verts/ALE

2

Sweden Verts/ALE

3

Czechia Verts/ALE

3

Portugal Verts/ALE

1

Spain Verts/ALE

2
icon: GUE/NGL GUE/NGL
35

Cyprus GUE/NGL

2

Belgium GUE/NGL

For (1)

1

GUE/NGL

1

Finland GUE/NGL

For (1)

1

Ireland GUE/NGL

Against (1)

3

Netherlands GUE/NGL

For (1)

1

Denmark GUE/NGL

1

Sweden GUE/NGL

For (1)

1

Czechia GUE/NGL

1

Portugal GUE/NGL

For (1)

Against (1)

Abstain (1)

3

Germany GUE/NGL

3
icon: NI NI
25

Croatia NI

Abstain (1)

2

Slovakia NI

For (1)

Against (1)

2

Hungary NI

Against (1)

1

Germany NI

Against (1)

2
icon: ID ID
69

Austria ID

3

Finland ID

2

Estonia ID

Abstain (1)

1

Denmark ID

Against (1)

1

Czechia ID

Against (1)

1
icon: ECR ECR
54

Belgium ECR

For (1)

Against (1)

2

Lithuania ECR

1

Greece ECR

Against (1)

1

Latvia ECR

Against (1)

1

Netherlands ECR

4

Bulgaria ECR

1

Croatia ECR

Against (1)

1

Slovakia ECR

2

Sweden ECR

2

Germany ECR

Against (1)

1
icon: S&D S&D
141

Cyprus S&D

2

Belgium S&D

Against (1)

3

Finland S&D

2

Lithuania S&D

Against (1)

2

Greece S&D

2

Luxembourg S&D

Against (1)

1

Latvia S&D

Against (1)

1

Estonia S&D

2

Netherlands S&D

Against (1)

6

Slovenia S&D

For (1)

Against (1)

2

Slovakia S&D

3
icon: Renew Renew
92

Belgium Renew

3

Austria Renew

Against (1)

1

Finland Renew

3

Lithuania Renew

2

Ireland Renew

2

Luxembourg Renew

2

Latvia Renew

Against (1)

1

Estonia Renew

Against (2)

2

Slovenia Renew

2

Bulgaria Renew

3

Croatia Renew

Against (1)

1

Slovakia Renew

Against (1)

Abstain (1)

2

Sweden Renew

2

Hungary Renew

2
icon: PPE PPE
164

Cyprus PPE

2

Belgium PPE

For (1)

Abstain (1)

4

Finland PPE

2
4

Luxembourg PPE

2

Latvia PPE

2

Estonia PPE

Against (1)

1

Slovenia PPE

4

Malta PPE

2

Denmark PPE

Against (1)

1

A9-0014/2020 - Geert Bourgeois - Résolution #

2020/02/12 Outcome: +: 406, -: 184, 0: 58
PL ES RO DE BG HU SE PT HR SK CZ NL DK SI MT LT EE LV LU BE CY IE FI EL AT ?? IT FR
Total
47
53
31
90
16
15
18
20
12
14
21
26
13
8
6
11
6
6
6
19
6
11
13
16
18
1
69
76
icon: PPE PPE
164

Denmark PPE

For (1)

1

Malta PPE

2

Estonia PPE

For (1)

1

Latvia PPE

2

Luxembourg PPE

2

Belgium PPE

4
2

Finland PPE

2
icon: Renew Renew
92

Hungary Renew

2

Sweden Renew

2

Croatia Renew

For (1)

1

Slovakia Renew

2

Slovenia Renew

2

Lithuania Renew

2

Estonia Renew

2

Latvia Renew

For (1)

1

Luxembourg Renew

2

Ireland Renew

2

Finland Renew

3

Austria Renew

For (1)

1
icon: S&D S&D
143

Netherlands S&D

For (1)

6

Slovenia S&D

For (1)

Against (1)

2

Lithuania S&D

2

Estonia S&D

2

Latvia S&D

For (1)

1

Luxembourg S&D

For (1)

1

Belgium S&D

Against (1)

3

Cyprus S&D

2

Greece S&D

Abstain (1)

2
icon: ECR ECR
53

Germany ECR

For (1)

1

Bulgaria ECR

1

Sweden ECR

2

Croatia ECR

For (1)

1

Lithuania ECR

1

Latvia ECR

For (1)

1

Belgium ECR

2

Greece ECR

Abstain (1)

1
icon: NI NI
26

Germany NI

2

Hungary NI

Abstain (1)

1

Croatia NI

Against (1)

Abstain (1)

2

Slovakia NI

Abstain (1)

2
icon: GUE/NGL GUE/NGL
34

Germany GUE/NGL

3

Sweden GUE/NGL

Against (1)

1

Portugal GUE/NGL

3

Czechia GUE/NGL

Against (1)

1

Netherlands GUE/NGL

Against (1)

1

Denmark GUE/NGL

Against (1)

1

Belgium GUE/NGL

Against (1)

1

Cyprus GUE/NGL

2

Ireland GUE/NGL

3

Finland GUE/NGL

Against (1)

1

GUE/NGL

Against (1)

1
icon: ID ID
71

Czechia ID

Against (2)

2

Denmark ID

For (1)

1

Estonia ID

Abstain (1)

1

Finland ID

2

Austria ID

3
icon: Verts/ALE Verts/ALE
65

Spain Verts/ALE

2

Sweden Verts/ALE

3

Portugal Verts/ALE

Against (1)

1

Czechia Verts/ALE

3

Netherlands Verts/ALE

3

Denmark Verts/ALE

2

Lithuania Verts/ALE

2

Latvia Verts/ALE

Against (1)

1

Luxembourg Verts/ALE

Against (1)

1

Belgium Verts/ALE

3

Ireland Verts/ALE

2

Finland Verts/ALE

3

Austria Verts/ALE

3
AmendmentsDossier
142 2018/0358M(NLE)
2019/01/15 DEVE 8 amendments...
source: 632.840
2019/10/07 DEVE 17 amendments...
source: 641.387
2019/11/13 INTA 76 amendments...
source: 643.174
2019/11/14 AFET 41 amendments...
source: 643.186

History

(these mark the time of scraping, not the official date of the change)

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DEVE
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EP
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docs
title: PE643.174
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EP
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WINKLER Iuliu
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Group of European People's Party
abbr
EPP
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  • type: Former Responsible Committee body: EP associated: False committee_full: International Trade committee: INTA rapporteur: name: ZAHRADIL Jan date: 2018-11-19T00:00:00 group: European Conservatives and Reformists abbr: ECR
  • type: Committee Opinion body: EP committee_full: Foreign Affairs committee: AFET associated: False rapporteur: name: WISELER-LIMA Isabel date: 2019-09-30T00:00:00 group: Group of European People's Party abbr: EPP
  • type: Committee Opinion body: EP committee_full: Development committee: DEVE associated: False rapporteur: name: TOBÉ Tomas date: 2019-09-04T00:00:00 group: Group of European People's Party abbr: EPP
  • type: Former Committee Opinion body: EP associated: False committee_full: Development committee: DEVE rapporteur: name: FRUNZULICĂ Doru-Claudian date: 2018-12-11T00:00:00 group: Progressive Alliance of Socialists and Democrats abbr: S&D
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date
2019-10-15T00:00:00
docs
title: PE642.888
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EP
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2018-11-22T00:00:00
docs
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type
Committee draft report
body
EP
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forecasts
  • date: 2020-02-10T00:00:00 title: Indicative plenary sitting date, 1st reading/single reading
procedure/dossier_of_the_committee
  • INTA/9/01390
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Old
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New
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  • body: EC dg: Trade commissioner: MALMSTRÖM Cecilia
docs
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procedure
reference
2018/0358M(NLE)
title
EU/Vietnam Investment Protection Agreement
subject
geographical_area
Vietnam
type
NLE - Non-legislative enactments
subtype
Motion for a resolution under consent procedure
legal_basis
Rules of Procedure EP 105-p2
stage_reached
Preparatory phase in Parliament