Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-14-Speech-3-079"
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"en.20071114.2.3-079"2
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"In order to succeed in this era of globalisation, the European Union needs to develop a Foreign Direct Investment Policy for Europe.
We need a policy to cover:
Incoming Foreign Direct Investment, that is direct investment into the European Union and originating anywhere else in the world;
Outgoing Foreign Direct Investment, that is direct investment anywhere in the world originating in the European Union; and
Internal Foreign Direct Investment, that is direct investment in any European Union Member State originating in any other European Union Member State.
It is true that we have elements of such a policy, such as the Seventh Framework Programme, which provides the conditions to attract research and development investment.
But this is only one part, albeit an important one, of the story.
Facts and figures show the immense importance of foreign direct investment in today’s world economy, or Europe’s foreign direct investment position in relation to the rest of the world.
These facts show that if we are to put any real strength in the Lisbon goals, we need an overall FDI Policy for Europe to reap the maximum benefits of FDI for our people."@en1
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