2018/0358M(NLE) EU/Vietnam Investment Protection Agreement
Next event: Indicative plenary sitting date, 1st reading/single reading 2020/02/10
Lead committee dossier:
Next event: Indicative plenary sitting date, 1st reading/single reading 2020/02/10
Progress: Awaiting committee decision
Role | Committee | Rapporteur | Shadows |
---|---|---|---|
Lead | INTA | ZAHRADIL Jan ( ECR) | WINKLER Iuliu ( EPP), KIRTON-DARLING Jude ( S&D), KARLSBRO Karin ( Renew), BRICMONT Saskia ( Verts/ALE), LANCINI Danilo Oscar ( ID), MAUREL Emmanuel ( GUE/NGL) |
Former Responsible Committee | INTA | ZAHRADIL Jan ( ECR) | |
Committee Opinion | AFET | WISELER-LIMA Isabel ( EPP) | Heidi HAUTALA ( Verts/ALE), Lars Patrick BERG ( ID), Bert-Jan RUISSEN ( ECR), Raphaël GLUCKSMANN ( S&D) |
Committee Opinion | DEVE | TOBÉ Tomas ( EPP) | |
Former Committee Opinion | DEVE | FRUNZULICĂ Doru-Claudian ( S&D) | Dominique BILDE ( ID), Patrizia TOIA ( S&D), Manon AUBRY ( GUE/NGL), Stéphane BIJOUX ( RE) |
Lead committee dossier:
Legal Basis:
RoP 105-p2
Legal Basis:
RoP 105-p2Subjects
Events
2020/02/10
Indicative plenary sitting date, 1st reading/single reading
2019/10/24
EP - Committee referral announced in Parliament, 1st reading/single reading
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 - ZAHRADIL Jan (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
- Committee draft report: PE642.888
- Committee draft report: PE642.888
Activities
- Thierry MARIANI
Plenary Speeches (0)
Amendments | Dossier |
25 |
2018/0358M(NLE)
2019/01/15
DEVE
8 amendments...
Amendment 1 #
Draft opinion Paragraph 1 1.
Amendment 2 #
Draft opinion Paragraph 1 1.
Amendment 3 #
Draft opinion Paragraph 2 2. Notes with concern that
Amendment 4 #
Draft opinion Paragraph 2 2. Notes with concern that
Amendment 5 #
Draft opinion Paragraph 3 3. Calls on the Parties to protect
Amendment 6 #
Draft opinion Paragraph 4 4. Recalls that Vietnam is a developing country;
Amendment 7 #
Draft opinion Paragraph 7 Amendment 8 #
Draft opinion Paragraph 7 7. Recognises that the Investment Court System
source: 632.840
2019/10/07
DEVE
17 amendments...
Amendment 1 #
Draft opinion Recital A (new) A. whereas the last decades have seen billion-dollar investor lawsuits against the alleged damage to corporate profit of legislation and government measures in the public interest. Whereas according to UNCTAD, the new ISDS cases in 2018 were initiated against 41 countries and as in previous years, the majority of new cases were brought against developing countries and transition economies. Developed-country investors brought most of the 71 known cases. Whereas ISDS has already been used in Vietnam, and actually, two companies are suing the Vietnamese government for receiving a tax bill after the takeover of one company (ConocoPhillips Vietnam) by another (Perenco)
Amendment 10 #
Draft opinion Paragraph 2 2. Welcomes the use of the transparency rules of the United Nations Commission on International Trade Law (UNCITRAL) for dispute settlement, but underlines that the use of substantive provisions of foreign investment protection, in particular the principles of ‘indirect expropriation’ and of ‘fair and equitable treatment’, does not weaken the Parties’ right to regulate and pursue legitimate public policy objectives,
Amendment 11 #
Draft opinion Paragraph 2 2.
Amendment 12 #
Draft opinion Paragraph 3 3. Notes with concern that protections afforded to investors
Amendment 13 #
Draft opinion Paragraph 3 3. Notes that protections afforded to investors could possibly outpace the development of investor responsibilities as the EU-Vietnam Investment Protection Agreement (IPA) guarantees enforceable rights to foreign investors through the arbitration clause, but does not provide a sanction mechanism for non-compliance with social and environmental standards; reiterates the need to ensure a fair balance of investors’ rights and duties, in terms of corporate, social and environmental
Amendment 14 #
Draft opinion Paragraph 3 3. Notes that protections afforded to investors
Amendment 15 #
Draft opinion Paragraph 3 a (new) 3a. Reaffirms in the strongest terms that the parties to the IPA as well as investors protected by the IPA must respect all international human rights standards and obligations, in addition to those arising from domestic laws; calls on the Parties to take account of internationally agreed principles and instruments such as those of the OECD Guidelines for Multinational Enterprises and the UN guiding principles on business and human rights, as well as the UN Principles for Responsible Investment and Reporting;
Amendment 16 #
Draft opinion Paragraph 4 (new) 4. Calls for the abolition of all kind of arbitrations system in the Investment treaties that allow companies and investors to sue governments if new legislation and regulations for public interests undercut their ability to make profits;
Amendment 17 #
Draft opinion Paragraph 4 (new) 4. Points out that the provisions of the Investment Protection Agreement and Free Trade Agreement must be implemented in a complementary manner, especially with regard to human, environmental and social rights and sustainable development; stresses also the need to ensure consistency with development cooperation objectives under Article 208 TFEU;
Amendment 2 #
Draft opinion Paragraph -1 (new) -1. Recalls that Vietnam is a developing country; underlines that in order to contribute to reaching the Sustainable Development Goals, in particular SDG 1 on poverty eradication, SDG 8 on decent work and SDG 10 on reduced inequalities, investment must contribute to the creation of quality jobs, support the local economy and fully respect domestic regulation including tax requirements;
Amendment 3 #
Draft opinion Paragraph 1 1.
Amendment 4 #
Draft opinion Paragraph 1 1.
Amendment 5 #
Draft opinion Paragraph 1 a (new) 1a. Expresses its general concern at the increasing inclusion in recent EU free trade agreements of arbitration clauses referring to a specific court; stresses that such arrangements must be confined to cases involving the possibility of manifest and serious abuses and must not be allowed to compromise the sovereignty of the Member States;
Amendment 6 #
Draft opinion Paragraph 1 a (new) 1a. Deplores the fact that no human rights impact assessment was ever carried out prior to the launching of negotiations; recalls that the European Ombudsman, as well as the European Parliament in its urgency resolutions of 9 June 2016, 14 December 2017 and 15 November 2018, notify serious concerns regarding the protection of the human rights in Vietnam especially in relation to freedom of expression, assembly and association, religious freedom, and as regards detention of human rights activists and violence against women; notes with great concern that the human rights situation in Vietnam keeps deteriorating, ever since the implementation of the Partnership and Cooperation Agreement (PCA) in 2012 and since the conclusion of the EVFTA in 2016, notably for human rights defenders in Vietnam;
Amendment 7 #
Draft opinion Paragraph 1 b (new) 1b. Reaffirms in the strongest terms that the parties to the IPA as well as investors protected by the IPA must respect all international human rights standards and obligations, in addition to those arising from domestic laws; takes the view that tangible improvements on human rights in Vietnam is a key precondition to the ratification of the Investment Protection Agreement and calls for the inclusion of an enforceable Human Right Clause, which include mechanism for redress and accountability in relation to communities affected, considering that the human rights mechanism under the Partnership and Cooperation Agreement (PCA) has proved to be ineffective to address grave and systematic human rights violations;
Amendment 8 #
Draft opinion Paragraph 2 2. Welcomes the use of the transparency rules of the United Nations Commission on International Trade Law (UNCITRAL) for dispute settlement
Amendment 9 #
Draft opinion Paragraph 2 2.
source: 641.387
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History
(these mark the time of scraping, not the official date of the change)
2019-11-12Show (1) Changes | Timetravel
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2019-11-06Show (1) Changes | Timetravel
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2019-11-01Show (7) Changes | Timetravel
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2019-07-06Show (3) Changes
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