Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-16-Speech-3-744-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2014-04-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Financial responsibility linked to investor-state dispute settlement tribunals established by international agreements to which the EU is party (A7-0124/2013 - Paweł Zalewski)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20140416.83.3-744-000"2
lpv:hasSubsequent	lp_eu:2014-04-16-Speech-3-743-5002
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"With the entry into force of the Lisbon Treaty, the EU gained competence on foreign direct investment (FDI) and started to negotiate investment protection provisions, including ISDS, as part of its free trade agreements with third countries (Singapore, Canada/CETA, possibly US/TTIP). These new circumstances brought about the need to clarify as part of a regulation who – the EU in its own legal personality or a Member State – would be the respondent in international arbitrations where a third country investor (the claimant) would bring a case against a measure of a Member State or the EU that would be allegedly hampering its investment in the EU. The underlying principle of the deal reached in trialogues is the “polluter pays principle’: if the measure that is being challenged in arbitration is a Member State’s one, the Member State shall be the respondent and in case it loses the arbitration, it shall bear all the costs. The same applies mutatis mutandis when EU-level measures are being challenged in arbitration. I agree with the proposed deal that it is an acceptable compromise, and consider that failure to adopt this regulation would put in danger the legal certainty investors need to engage in EU-inwards FDI. For these reasons, I voted in favour of the report."@en1
lpv:spokenAs	substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2012-03-28--2014-06-30)3 substitute; CULT (2012-01-25--2014-06-30)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne (ECR ),"1 "in writing"1

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