Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-010-000"

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"Mr President, I wish to thank the rapporteur, Mr Kalfin, and other Members of this Parliament for their constructive approach to the proposal, which highlights the significant interest Parliament shows in the European Investment Bank’s activities. Trialogue between the institutions will start on the basis of the report adopted today. The common aim is to have the decision adopted before the summer in order to pre-empt any risk of non-decision by October 2011, which would cause the suspension of EIB external activities after that date. I believe that Parliament has now achieved a balanced report which will provide a solid basis for the upcoming negotiations with the Commission and the Council. Last April, the Commission issued a legislative proposal to amend Decision 633/2009/EC following a mid-term review of the application of the EIB external mandate. It is now essential to make a timely decision allowing the EIB to pursue its external work until 2013, while at the same time enhancing the mandate to ensure that EIB investments outside the EU are increasingly aligned with EU policy objectives, in particular in the areas of climate change and development. As regards today’s vote, several amendments put forward are acceptable to the Commission. Those amendments relate to, firstly, the request to enhance the development aspects of EIB activity and, secondly, the call for an increase in the regional ceilings of the general mandate. This could allow the EIB to maintain a reasonable level of activity in certain regions, notably pre-accession. It should also be instrumental in helping the EIB to take part in our joint efforts to provide support to Tunisia and Egypt in the democratic transition process. Thirdly, the general request for more transparency, better reporting and better efficiency. On the other hand, additional negotiation will be needed in the context of the trialogue for other amendments. Those points relate to, firstly, the restriction from eligibility under the climate change mandate of countries deemed by the Council not to have committed to meeting appropriate climate-change-related targets. Secondly, there are some amendments aimed at establishing the regional operational guidelines as delegated acts, which would not allow them to be operational and flexible general orientations as we initially foresaw them in the Commission proposal. Thirdly and finally, there are some amendments which relate to longer-term issues such as the creation of an EU platform for cooperation and development, or the reflections on longer-term perspectives for cooperation and development financing, that are not strictly related to the implementation of the current mandate. We should be careful, because the negotiation on these amendments might delay the adoption of the decision, and we might consider not engaging in lengthy and complicated negotiations in the framework of this decision."@en1
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