15 Amendments of Dita CHARANZOVÁ related to 2021/2176(INI)
Amendment 4 #
Motion for a resolution
Recital B
Recital B
B. whereas the EU is the world’s largest destination and source of inbound and outbound international investments; whereas they contribute to EU growth and job creation;
Amendment 10 #
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas none of the investment treaties negotiated by the European Union since the Lisbon Treaty has yet entered into force;
Amendment 20 #
Motion for a resolution
Recital G a (new)
Recital G a (new)
Ga. whereas the six priorities of the European Union between 2019 and 2024 include work to combat climate change and environmental degradation, as well as creating more attractive investment conditions and supporting businesses;
Amendment 26 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. BWelievcomes that the EU’s investment policy needs to meet the expectations of investors and beneficiary states, but also the EU’s broader economic interests and external policy objectives; considers that EU international investment policy needs to be reformed in order to address a variety of challenges and transform it into an integrated and coherent policy frameworke changes in the EU’s international investment policy; considers that this basis should be built upon in order to address a variety of challenges and transform it into an integrated and coherent policy framework; believes that the EU’s investment policy needs to meet the expectations of investors and beneficiary states, but also the EU’s broader economic interests and external policy objectives;
Amendment 29 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Highlights the importance to the European economy of internal and external investment and the need to ensure that EU investors abroad are protected;
Amendment 43 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Points out that the definition of investment as codified in EU IIAs covers not only greenfield investments, but also financial instruments that can be held for purely speculative purposes or for the extraction of r; stresses that European companies need adequate protection of their foreign investments;
Amendment 65 #
Motion for a resolution
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Stresses that the EU IIAs contribute to the growth of the EU and allow European companies to benefit from uniform rules to access foreign markets;
Amendment 82 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Is concernedNotes that recent EU IIAs still contain broad protection standards which can be used, if interpreted extensively and inappropriately, to challenge legitimate public policies; asks the Commission to only allowfocus protection againston discrimination, direct expropriation and the gross denial of justice, to take account of cases of indirect expropriation in a proportionate and appropriate way, and to ensure that foreign investors are not accorded superior rights to those enjoyed by domestic investors;
Amendment 88 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Underlines the fact that EU IIAs negotiated after 2009 still include sunset clauses which prevent easy termination; points out thatcalls on the Commission to examine and study the impact of these sunset clauses and to analyse how Member States and the other contracting parties can agree to neutralise sunset clausesthem;
Amendment 143 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Welcomes the fact that UNCITRAL Working Group III has been engaging in deliberations on a possible multilateral reform of ISDS since 2017; notes that 60 states agreed by consensus that UNCITRAL’s work must address structural reform options; calls onommends the Commission for its determination and its commitment to constructively engage on all topics raised during UNCITRAL discussions and to take account of them in future EU IIAs; calls on the Commission to continue its work in UNCITRAL in order to ensure, inter alia, the right of states to regulate and greater transparency;
Amendment 153 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Points out that on a global scale in 2017, 2019 and 2020, more investment treaties were terminated than new IIAs concluded; notes that some recently concluded mega-regional IIAs employ an increasingly cautious approach to investor- state adjudication;
Amendment 158 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Urges the Commission to develop an EU foreign investment strategy to incentivise and protect sustainable investments, in all its dimensions, with or without relying on investor- state adjudication;
Amendment 160 #
Motion for a resolution
Subheading 4 a (new)
Subheading 4 a (new)
Enhancing the screening of foreign direct investments in the European Union
Amendment 163 #
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22a. Welcomes the adoption in 2018 of the new foreign investment screening mechanism; stresses that this screening mechanism aims to establish cooperation and potentially limit foreign investments in strategic sectors in order to protect the European Union and its Member States; calls on those Member States which do not yet have one to set up such a national foreign direct investment screening mechanism in order to ensure that European cooperation is effective;
Amendment 167 #
Motion for a resolution
Paragraph 22 d (new)
Paragraph 22 d (new)
22d. Welcomes the Commission’s proposal for an instrument to tackle distortions caused by foreign subsidies that are an unfair form of investment, and calls for its swift adoption; calls on the Commission and the Member States to engage fully in plurilateral negotiations at WTO level in order to tackle distortions of competition, particularly in the area of industrial subsidies;