P7_TA(2014)0419 Financial responsibility linked to investor-state dispute settlement tribunals established by international agreements to which the EU is party ***I European Parliament legislative resolution of 16 April 2014 on the proposal for a regulation of the European Parliament and of the Council establishing a framework for managing financial responsibility linked to investor-state dispute settlement tribunals established by international agreements to which the European Union is party (COM(2012)0335 — C7-0155/2012 — 2012/0163(COD)) P7_TC1-COD(2012)0163 Position of the European Parliament adopted at first reading on 16 April 2014 with a view to the adoption of Regulation (EU) No …/2014 of the European Parliament and of the Council establishing a framework for managing financial responsibility linked to investor-to-state dispute settlement tribunals established by international agreements to which the European Union is party
Date: 2014-04-16
Institutions: Committee on Budgets, Committee on Development, Committee on Economic and Monetary Affairs, Committee on International Trade, Committee on Legal Affairs, European Parliament
Subjects: foreign investment, international commercial arbitration, international responsibility, investment protection, liability, settlement of disputes, third country, trade agreement (EU), trade dispute








C_2017443EN.01093201.xml










22.12.2017   


EN


Official Journal of the European Union


C 443/932





P7_TA(2014)0419
Financial responsibility linked to investor-state dispute settlement tribunals established by international agreements to which the EU is party ***I
European Parliament legislative resolution of 16 April 2014 on the proposal for a regulation of the European Parliament and of the Council establishing a framework for managing financial responsibility linked to investor-state dispute settlement tribunals established by international agreements to which the European Union is party (COM(2012)0335 — C7-0155/2012 — 2012/0163(COD))
(Ordinary legislative procedure: first reading)
(2017/C 443/92)

The European Parliament,






—


having regard to the Commission proposal to Parliament and the Council (COM(2012)0335),










—


having regard to Article 294(2) and Article 207(2) of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C7-0155/2012),










—


having regard to Article 294(3) of the Treaty on the Functioning of the European Union,










—


having regard to the undertaking given by the Council representative by letter of 4 April 2014 to approve Parliament's position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,










—


having regard to Rule 55 of its Rules of Procedure,










—


having regard to the report of the Committee on International Trade (A7-0124/2013),












1.


Adopts its position at first reading hereinafter set out (1);












2.


Approves the joint declaration by the European Parliament, the Council and the Commission annexed to this resolution;












3.


Calls on the Commission to refer the matter to Parliament again if it intends to amend its proposal substantially or replace it with another text;












4.


Instructs its President to forward its position to the Council, the Commission and the national parliaments.






(1)  This position replaces the amendments adopted on 23 May 2013 (Texts adopted P7_TA(2013)0219).


P7_TC1-COD(2012)0163
Position of the European Parliament adopted at first reading on 16 April 2014 with a view to the adoption of Regulation (EU) No …/2014 of the European Parliament and of the Council establishing a framework for managing financial responsibility linked to investor-to-state dispute settlement tribunals established by international agreements to which the European Union is party

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Regulation (EU) No 912/2014.)




ANNEX TO THE LEGISLATIVE RESOLUTION

Joint declaration by the European Parliament, the Council and the Commission

The adoption and application of this Regulation is without prejudice to the division of competence established by the Treaties and shall not be interpreted as an exercise of shared competence by the Union in areas where the Union’s competence has not been exercised.