Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-10-Speech-2-456-000"

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"en.20110510.60.2-456-000"2
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"As a result of the adoption of the Treaty of Lisbon, Member States have unfortunately lost their prerogatives regarding the management of foreign direct investment, which has become the exclusive competence of the Union. Such a significant change requires transitional rules governing its implementation: the report that we voted on today seems to be an acceptable compromise, since it protects the agreements already concluded by various States on a bilateral basis and also lays the groundwork for possible new, bilateral agreements, though they must be agreed on. The evaluation powers of the Commission are also well defined and limited, thus making it, de facto, less complicated for Member States who wish to continue their specific policy on foreign direct investment. For these reasons I decided to vote in favour of the report."@en1

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