Considerations on COM(2019)314 - Supplement to the negotiating directives for the Doha Development Agenda regarding the negotiations of a multilateral framework on investment facilitation

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dossier COM(2019)314 - Supplement to the negotiating directives for the Doha Development Agenda regarding the negotiations of a multilateral ...
document COM(2019)314 EN
date July  3, 2019
 
(1) Under the Doha Development Agenda, the Council authorised the opening of negotiations in the World Trade Organisation (WTO), and addressed directives to the Commission, inter alia on trade and investment,

(2) On 13 December 2017, at the Eleventh Ministerial Conference of the World Trade Organisation, 70 Members of the WTO adopted a Joint Statement on Investment Facilitation for Development 10  calling for structured discussions with the aim of developing a multilateral framework on investment facilitation.

(3) The current phase of discussions, aimed at developing the possible elements of a multilateral framework on investment facilitation, will conclude in July 2019 according to the latest schedule 11 , and is likely to be followed by a first negotiating phase in autumn 2019.

(4) The adoption of supplementary negotiating directives is necessary to further frame the position of the Union in the prospective WTO negotiations on investment facilitation.

(5) Pursuant to Article 207(3), the Trade Policy Committee should continue to be designated as the committee in consultation with which the negotiations shall be conducted.