Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-06-Speech-3-379-531"

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"en.20110406.29.3-379-531"2
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"The Treaty of Lisbon brought foreign direct investment (FDI) under exclusive EU competence. I was keen to support this report, which outlines the new international investment policy and reinforces the position of the EU as the largest recipient of FDI. This report sends out a powerful message: Europe must be a key player in the investments of tomorrow. The emergence of new economies has upset the balance between countries and their capacity to invest. European enterprises must position themselves in the new markets and the EU must help them to grow by offering them legal certainty and by reinforcing their integration into the global economy. FDI is an essential part of the activities of European countries, but are they always a driver of growth? I do not think so. FDI is only effective if it is framed by adequate policies, which put in place clear regulations. The report thus guarantees an economic and legal environment for enterprises, especially our small and medium-sized enterprises (SMEs) which, as a force for growth and jobs, are fundamental to our economic fabric. We need to be vigilant in order not to leave them at the mercy of the aggressive behaviour of foreign investors."@en1

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