Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-09-Speech-1-193-000"
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"en.20110509.22.1-193-000"2
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"Madam President, the Netherlands, my native Member State, has been a trading nation for centuries, and the Commissioner ought to respect that, because we have formed a single country through working together. The Dutch business community is amongst the largest investors worldwide. Indeed, the Netherlands has entered into 98 bilateral investment agreements with a very high level of protection.
The proposed authorisation system gives the Commission overly extensive powers to withdraw approval from current investment agreements and too little certainty for these. The threat that Member States might have to cancel their current bilateral investment agreements at the Commission’s instigation before the EU enters into a new agreement with an equivalent level of protection is unacceptable. Authorisations should only be withdrawn when the EU has negotiated a new agreement with an identical level of protection."@en1
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