Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-06-Speech-3-372-500"
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"en.20110406.29.3-372-500"2
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"This report addresses the problems of future European international investment policy. Since the founding of the EU, many bilateral investment treaties (BITs) have been signed by the Member States: around 3 000 since 1959. With the entry into force of the Treaty on the Functioning of the European Union, this matter has come under exclusive EU competence, and is currently part of the preparation for a future European investment policy, which must be thoroughly debated. This matter is of the utmost importance, as we are at a turning point and are facing two challenges: providing the EU with the necessary tools to allow companies abroad to fulfil their investment programmes and, at the same time, ensuring that Europe remains a leader in global investment. We are living through times when business is very aggressive, so our criteria for choosing trade partners need to have been well thought out. I therefore agree with the rapporteur of this text with regard to respect for Parliament’s prerogatives, and that negotiation processes should be sent in time so as to prevent unnecessary delays or serious disruption of EU relations with those countries."@en1
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