Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-10-Speech-2-446-375"
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"en.20110510.60.2-446-375"2
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"Since the Treaty of Lisbon, investment has been an area of exclusive EU competence. Parliament therefore initially gave its verdict on the shape of the future European investment policy. This is the report I myself drafted, which was voted on during the last part-session in April 2011. In Mr Schlyter’s report, Parliament has now examined transitional arrangements for managing investment agreements that Member States have already concluded with third countries. As in the vote in committee, I advocated a Community vision and stated that agreements that were already standing should be closely examined by the Commission in order to check their compatibility with the Treaties and with Union law and Union policy, in particular the objectives of the Union’s external action on sustainable development. However, the vision that has prevailed in the end is a right-wing vision in which protection of private investors is given priority over these objectives based on the general interest. Unfortunately the negotiations that will now be entered into with the Council are not likely to correct our aim, in an EU in which the good of the Union as a whole is rarely able to withstand national egotism."@en1
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