Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-10-Speech-2-446-500"

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"I supported this report by voting in favour because I believe that we need rules during the transitional period to ensure legal certainty and avoid conflicts and gaps in the law. In fact, Mr Schlyter’s report arises from the proposal for a regulation of the Commission that provides for the exclusive competence of the EU on foreign direct investment, replacing the agreements put in place by the 27 Member States and also establishing a necessary transition period to be applied to existing bilateral treaties. Finally, I agree with Mr Schlyter on the importance of a fixed date to mark the end of the transitional period so as to safeguard the European economy’s competitiveness and to provide investors with a clear picture of current and future regulatory standards."@en1

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