BETA

Activities of Miguel VIEGAS related to 2017/0224(COD)

Plenary speeches (1)

Framework for screening of foreign direct investments into the European Union (debate) PT
2016/11/22
Dossiers: 2017/0224(COD)

Shadow opinions (1)

OPINION on the proposal for a regulation of the European Parliament and of the Council establishing a framework for screening of foreign direct investments into the European Union
2016/11/22
Committee: ECON
Dossiers: 2017/0224(COD)
Documents: PDF(266 KB) DOC(149 KB)

Amendments (12)

Amendment 29 #
Proposal for a regulation
Recital 1
(1) Foreign direct investment contributes to the Union's growth, by enhancing its competitiveness, creating jobs and economies of scale, bringing in capital, technologies, innovation, expertise, and by opening new markets for the Union's exports. It supports the objectives of the Commission's Investment Plan for Europe and contributes to other Union projects and programmes. Foreign investment has, however, also been leading to serious cases of poverty and unemployment, especially when a foreign investor, having established itself in given Union regions, relocates its production years later, despite having repeatedly received national and Union support.
2018/02/08
Committee: ECON
Amendment 34 #
Proposal for a regulation
Recital 2
(2) The Union and the Member States have an open investment environment, which is enshrined in the Treaty on the Functioning of the European Union ('TFEU') and embedded in the international commitments undertaken by the Union and its Member States with respect to foreign direct investment. In other words, the Union and its Member States are now victims of their policies of globalisation and all-out liberalisation of capital movements.
2018/02/08
Committee: ECON
Amendment 36 #
Proposal for a regulation
Recital 5
(5) There is currently no comprehensive framework at EU-level for the screening of foreign direct investments on the grounds of security or public order. There are, however, several outlying countries which, because austerity policies had been imposed on them, were virtually forced to privatise key companies that have consequently ended up in foreign ownership, a fact which is undermining the quality of public service and the role of those companies as a lever for development.
2018/02/08
Committee: ECON
Amendment 42 #
Proposal for a regulation
Recital 8
(8) The framework for the screening of foreign direct investment should provide the Member States and the Commission with the means to address risks to security or public order in a comprehensive manner, and to adapt to changing circumstances, whilst maintaining the necessary flexibility for Member States to screen foreign direct investments on grounds of security and public order taking into account their individual situations and national circumstances. The nationalisation of one or more companies should be considered where there are risks to security or public order, when the sectors concerned are of strategic importance to the national economy.
2018/02/08
Committee: ECON
Amendment 63 #
Proposal for a regulation
Recital 14
(14) A mechanism which enables Member States to cooperate and assist each other where a foreign direct investment in one Member State may affect the security or public order of other Member States should be set up. Member States should be able to provide comments to a Member State in which the investment is planned or has been completed, irrespective of whether the Member States providing comments or the Member States in which the investment is planned or has been completed maintain a screening mechanism or are screening the investment. The comments of Member States should also be forwarded to the Commission. The Commission should also have the possibility, where appropriate, to issue an opinion to the Member State in which the investment is planned or has been completed, irrespective of whether this Member State maintains a screening mechanism or is screening the investment and irrespective of whether other Member States have provided comments.
2018/02/08
Committee: ECON
Amendment 65 #
Proposal for a regulation
Recital 15
(15) Furthermore, the Commission should have the possibility to screen foreign direct investments likely to affect projects and programmes of Union interest on grounds of security or public order. This would give the Commission a tool to protect projects and programmes which serve the Union as whole and represent an important contribution to its economic growth, jobs and competitiveness. This should include in particular projects and programmes involving a substantial EU funding or established by Union legislation regarding critical infrastructure, critical technologies or critical inputs. For greater clarity, an indicative list of projects or programmes of Union interest in relation to which foreign direct investment can be subject to a screening by the Commission should be listed in an Annex.deleted
2018/02/08
Committee: ECON
Amendment 68 #
Proposal for a regulation
Recital 16
(16) Where the Commission considers that a foreign direct investment is likely to affect projects or programmes of Union interest on grounds of security or public order, the Commission should have the possibility to address an opinion to the Member States in which such investment is planned or completed within a reasonable timeframe. The Member States should take utmost account of the opinion and provide an explanation to the Commission if they do not follow this opinion, in compliance with their duty of sincere cooperation under Article 4(3) TEU. The Commission should also have the possibility to request from those Member States the information necessary for its screening of such investment.deleted
2018/02/08
Committee: ECON
Amendment 72 #
Proposal for a regulation
Recital 17
(17) In order to facilitate the cooperation with other Member States and the screening of foreign direct investment by the Commission, Member States should notify their screening mechanisms and any amendment thereto to the Commission, and should report on the application of their screening mechanisms on a regular basis. For the same reason, Member States that do not have a screening mechanism should also report on the foreign direct investments that took place in their territory, on the basis of the information available to them.
2018/02/08
Committee: ECON
Amendment 87 #
Proposal for a regulation
Article 3 – paragraph 1
1. Member States may maintain, amend or adopt mechanisms to screen foreign direct investments on the grounds of security or public order, under the conditions and in accordance with the terms set out in this Regulation. Nationalisation shall be considered a means to employ when security or public order is at stake.
2018/02/08
Committee: ECON
Amendment 116 #
Proposal for a regulation
Article 4 – paragraph 1 – indent 4 a (new)
- social services such as health, education, or social security.
2018/02/08
Committee: ECON
Amendment 137 #
Proposal for a regulation
Article 7 – paragraph 2 – point d a (new)
(da) any decisions to nationalise companies targeted by foreign direct investment screened or undergoing screening.
2018/02/08
Committee: ECON
Amendment 161 #
Proposal for a regulation
Article 9 – paragraph 5
5. The Commission's opinion shall not be binding on the Member States where the foreign direct investment is planned or has been completed shall take utmost account of the Commission's opinion and provide an explanation to the Commission in case its opinion is not followed.
2018/02/08
Committee: ECON