European Parliament legislative resolution on the proposal for a Council decision granting a Community guarantee to the European Investment Bank against losses under loans for certain types of projects in Russia and the Western New Independent States (WNIS) (COM(2004)0385 — C6-0073/2004 — 2004/0121(CNS))
Date: 2004-12-14
Institutions: European Parliament
Subjects: Belarus, EIB loan, European Investment Bank, Moldova, Russia, Ukraine, credit guarantee, financial loss

C 226 E/46

Official Journal of the European Union

EN

15.9.2005

Tuesday 14 December 2004

P6_TA(2004)0089

Community guarantee to the European Investment Bank *

European Parliament legislative resolution on the proposal for a Council decision granting a Com-
munity guarantee to the European Investment Bank against losses under loans for certain types of
projects in Russia and the Western New Independent States (WNIS) (COM(2004)0385 — C6-0073/
2004 — 2004/0121(CNS))

(Consultation procedure)

The European Parliament,

— having regard to the Commission proposal to the Council (COM(2004)0385) (1),

— having regard to Article 308 of the EC Treaty, pursuant to which the Council consulted Parliament

(C6-0073/2004),

— having regard to the opinion of the Committee on Legal Affairs on the proposed legal basis,

— having regard to Rules 51 and 35 of its Rules of Procedure,

— having regard to the report of the Committee on Budgets and the opinion of the Committee on Foreign

Affairs (A6-0066/2004),

1.

2.

3.

Approves the Commission proposal as amended;

Calls on the Commission to alter its proposal accordingly, pursuant to Article 250(2) of the EC Treaty;

Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament;

Calls for initiation of the conciliation procedure under the Joint Declaration of 4 March 1975 if the

4.
Council intends to depart from the text approved by Parliament;

Asks the Council to consult Parliament again if it intends to amend the Commission proposal substan-

5.
tially;

6.

Instructs its President to forward its position to the Council and Commission.

TEXT PROPOSED
BY THE COMMISSION

AMENDMENTS
BY PARLIAMENT

Amendment 1
Title

Proposal for a Council decision granting a Community guaran-
tee to the European Investment Bank against losses under loans
for certain types of projects in Russia and the Western New
Independent States (WNIS)

Proposal for a Council decision granting a Community guaran-
tee to the European Investment Bank against losses under loans
for certain types of projects in Russia, Ukraine, Moldova and
Belarus

(This amendment applies throughout the text.)

(1) Not yet published in OJ.

15.9.2005

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Official Journal of the European Union

C 226 E/47

TEXT PROPOSED
BY THE COMMISSION

Tuesday 14 December 2004

AMENDMENTS
BY PARLIAMENT

Amendment 2
Citation 1

Having regard to the Treaty establishing the European Com-
munity, and in particular Article 308 thereof,

Having regard to the Treaty establishing the European Com-
munity, and in particular Article 181a thereof,

Amendment 3
Recital 5

(5) The lending mandate should be subject, on the one hand,
to appropriate conditionality consistent with EU high-level
agreements on political and macro-economic aspects, and with
other international financial institutions on sectoral and project
aspects, and on the other, to appropriate work-sharing between
the EIB and the European Bank for Reconstruction and Devel-
opment (EBRD).

(5) The lending mandate should be subject to appropriate con-
ditionality consistent with European Union policies and EU
high-level agreements on political and macro-economic aspects.
The EIB and the Commission should ensure the necessary
coordination with other international financial
institutions on
sectoral and project aspects. This may involve, in particular,
appropriate work-sharing between the EIB, as an institution of
the European Union and its Member States, and the European
Bank for Reconstruction and Development (EBRD).

Amendment 4
Recital 7

(7) Russia and the WNIS should be fully taken into account
for the 2006 review of the EIB general mandate under Council
Decision 2000/24/EC of 22 December 1999 granting a Com-
munity guarantee to the European Investment Bank against
losses under loans for projects outside the Community (Central
and Eastern Europe, Mediterranean countries, Latin America and
Asia and the Republic of South Africa).

(7) Russia, Ukraine, Moldova and Belarus should be fully
taken into account for the 2006 review of the EIB general man-
date under Council Decision 2000/24/EC of 22 December 1999
granting a Community guarantee to the European Investment
Bank against losses under loans for projects outside the Com-
munity (Central and Eastern Europe, Mediterranean countries,
Latin America and Asia and the Republic of South Africa). Con-
sideration should also be given to including countries of the
South Caucasus and Central Asia at the time of this review.

Amendment 5
Article 2

Eligible projects shall be economically viable and of significant
interest to the European Union. Eligible sectors shall be environ-
ment as well as transport, telecommunications and energy infra-
structure on priority Trans-European Network (TEN) axes hav-
ing cross-border implications for a Member State.

Eligible projects shall be economically viable and of significant
interest to the European Union. Eligible sectors shall be environ-
ment, as well as transport,
telecommunications and energy
infrastructure, including nuclear safety, on priority Trans-Euro-
pean Network (TEN) axes having cross-border implications for a
Member State.

Amendment 6
Article 3, paragraph 3, subparagraph 1, point (b) and subparagraph 2

(b) co-operation, and where appropriate co-financing, by the
EIB with other international financial institutions in order
to ensure reasonable risk-sharing and appropriate project
conditionality.

(b) co-operation by the EIB with other international financial
institutions, and where possible and appropriate, bearing
in mind the task of the EIB to support EU policies, co-
financing with those institutions in order to ensure rea-
sonable risk-sharing and appropriate project conditionality.

The EIB and the EBRD shall share the work appropriately.

Appropriate work-sharing between the EIB and the EBRD
shall be pursued.

C 226 E/48

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EN

15.9.2005

Tuesday 14 December 2004

TEXT PROPOSED
BY THE COMMISSION

AMENDMENTS
BY PARLIAMENT

Amendment 7
Article 4

Individual countries shall become eligible under the ceiling as
and when they fulfil specific conditionality consistent with
European Union high level agreements with the country in
question on political and macro-economic aspects. The Com-
mission shall determine when an individual country has fulfilled
the specific conditionality and shall notify the EIB thereof.

Individual countries shall become eligible under the ceiling as
and when they fulfil specific conditionality consistent with
European Union policies and high level agreements with the
country in question on political and macro-economic aspects.
The Commission shall determine when an individual country
has fulfilled the specific conditionality and shall notify the EIB
thereof after having informed the European Parliament and
the Council and stated its reasons.

Amendment 8
Article 4a (new)

Article 4a

Feasibility studies

The EIB is invited to prepare feasibility studies on the possible
inclusion in the general mandate, as from 2007, of countries
of the South Caucasus and Central Asia.

P6_TA(2004)0090

EC-Sri Lanka Agreement on the readmission of persons residing without
authorisation *

European Parliament legislative resolution on the proposal for a Council decision concerning the
conclusion of the Agreement between the European Community and the Democratic Socialist
Republic of Sri Lanka on the readmission of persons residing without authorisation (SEC(2003)
0255 — 10666/2003 — 12383/2004 — C6-0070/2004 — 2003/0043(CNS))

(Consultation procedure)

The European Parliament,

— having regard to the proposal

for a Council decision (SEC(2003)0255, 10666/2003 and 12383/

2004) (1),

— having regard to Articles 63(3)(b) and 300(2), first subparagraph, second sentence of the EC Treaty,

— having regard to Article 300(3), first subparagraph, of the EC Treaty, pursuant to which the Council

consulted Parliament (C6-0070/2004),

— having regard to Rules 51 and 83(7) of its Rules of Procedure,

— having regard to the report of the Committee on Civil Liberties, Justice and Home Affairs and the

opinion of the Committee on Foreign Affairs(A6-0048/2004),

1.

Approves the conclusion of the agreement;

Instructs its President to forward its position to the Council and Commission and the governments

2.
and parliaments of the Member States and of the Democratic Socialist Republic of Sri Lanka.

(1) Not yet published in OJ.