Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-06-Speech-3-376-250"
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"en.20110406.29.3-376-250"2
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"As I understood, this report deals with international investment treaties. The main objectives of these treaties are to increase foreign investors’ access to markets and to provide a high level of protection for investments and investors against arbitrary actions by governments of states receiving the investment. Before the entry into force of the Lisbon Treaty, there was a division of tasks in which the Commission negotiated market access of foreign direct investment (FDI) while the Member States signed investment protection agreements with third states. With the Lisbon Treaty, foreign direct investment has become an exclusive competence of the EU and an integral part of the EU’s external trade policy. It is good that this report sends a strong signal to the Commission and the Council, which are about to start investment negotiations with third countries like Canada, India and, soon to come, China. Therefore, it is crucial for the Parliament to ensure responsible behaviour by European investors abroad while, at the same time, protecting the EU’s right to regulate in the public interest."@en1
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