Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-02-03-Speech-3-825-000"
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"en.20160203.35.3-825-000"2
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"Madam President, I would like to thank the Dutch Presidency, both for staying here and being involved this marathon session, and also for the encouraging reply and for the ‘yes, yes, yes’. Of course, what we now want is for you to ‘do, do, do’. That is the next stage.
I am sure that the Council is very aware of the Socialist position on ISDS. We reject the old Bilateral Investment Treaties (BITs), and we rejected the Commission’s attempt to continue to use secret courts. In the long term, we are demanding a multilateral solution to investment disputes, but while we push for this, we strongly support bringing more transparency to existing ISDS provisions worldwide. We therefore welcome the Mauritius Convention at the UN level on new minimum standards, which we believe apply to existing Member States’ BITs, as well as to the Energy Charter.
The blockage in the Council on progressing with this is unacceptable. I accept that it is not the Presidency’s fault, but it is unacceptable. It is important to continue to clarify that investment is a European Union competence. It is deeply regrettable that eight Member States have unilaterally signed the Convention without waiting for the authorisation of the Union. This has shown to the outside world a divided and disorganised EU when we should be a strong voice internationally, defending the Mauritius Convention principles.
It is also troubling to hear that, within the Council, some Member States do not support these transparency rules. The new UNCITRAL rules are now the minimum standards for the EU, and the Council should endorse them unanimously. We are calling for the Council to authorise the Union to sign the Convention as soon as possible so that it can apply to the Energy Charter immediately. We also demand that all remaining Member States, when authorised, sign the new rules to apply them to all their bilateral agreements. The Union is now a world leader in reforming investment protection provision, but we can only do so effectively if the Member States put institutional squabbles aside, recognise that this is an exclusive competence of the Union, and allow the EU to move forward."@en1
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