Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-20-Speech-5-238-500"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120420.21.5-238-500"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Article 207 of the Treaty on the Functioning of the European Union states that European investment in third countries is an inseparable element of the European Union’s common commercial policy. The government of Argentina has decided to expropriate a majority stake in a certain oil company. This step was accompanied by the transfer of control over the company by the Argentine federal government authorities, whilst displacing managers and staff. The financial instability and uncertainty in recent months have led to a decline in its market value, and a similar situation has also affected some other European companies. I believe that the Argentine government’s decision to expropriate the majority of shares may call into question the principle of legal security in that country and will adversely affect the climate for European investment. There have traditionally been good partnership relations between the European Union and Argentina, which share common values, principles and interests, and I firmly believe that it would be right to resume the path of dialogue and negotiation as the most suitable means of resolving possible differences. I believe it would be appropriate for the High Representative for Common Foreign and Security Policy to open a process of dialogue with the Argentine authorities in an attempt to overcome this situation in order to gain legal security for European investments in Argentina."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples