4 Amendments of Ildikó GÁLL-PELCZ related to 2010/2203(INI)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Notes that the current investment framework is characterised by low predictability in Treaty interpretation and costly arbitration processes that are lacking in procedural safeguards; notes also that flows of capital between EU Member States and developing countries are no longer largely one-directional and that this shifttwo- directional, which should be taken into account when considering any European investment framework;
Amendment 4 #
Draft opinion
Paragraph 2
Paragraph 2
2. Acknowledges that, as a result of the Lisbon Treaty, bilateral investment treaties (BITs) now fall under the exclusive competence of the EU;
Amendment 8 #
Draft opinion
Paragraph 3
Paragraph 3
3. Notes the need for a coordinated European framework, one that is focused on providing certainty, and notes the positive intended move from Member State - third country BITs to EU - third country BITs and that a transitional system needs to be put into place during such a shift towards a European investment framework, until that framework enters into force;
Amendment 15 #
Draft opinion
Paragraph 8
Paragraph 8
8. Notes that the traditional drafting of BITs tends to use vague wording that allows for various interpretations and calls on the Commission to issu, already at the time of the transitional system, to prepare non- mandatory guidance, e.g. in the form of a template for BITs, that may be used by Member States in order to enhance certainty and consistency.