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30 September 2024 afternoon

2024 - Fourth part-session Print sitting

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Opening of the sitting No 25

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

15:37:13

Good afternoon. Please take your seats. We are going to start in a few moments. 

Let us start. 

The sitting is open. 

I remind members that they should insert their badge before taking the floor. As you begin your speech, please press the microphone “request” button once only.

The next item on the agenda is the debate on the progress report of the Bureau and the Standing Committee (Document 16045 and Addendums 1 and 2).

The debate must conclude by 4:10 p.m. I will therefore have to interrupt the list of speakers at about 4:05 p.m. to allow time for the reply and any votes.

In the debate I call Mr Iulian BULAI to present the progress report. You have 7 minutes to present the report and then will have a further 3 minutes to reply to the debate at the end.

Mister BULAI, you have the floor.

Progress report of the Bureau and the Standing Committee

Mr Iulian BULAI

Romania, ALDE, Rapporteur

15:38:43

Thank you so much, Mister President of this session.

I have prepared my speech as I've expected the Secretary General to be here. It's probably my fault, not being aware of the format, but it's very important to mention all the things that I've prepared in order to be clear on the expectancy of this Assembly for the new Secretary General, it's a very positive light.

So, dear colleagues, the report I'm presenting you today covers our activities since the end of the June session. We still call it a "progress report", but maybe we should just rename it the "activity report", because recently I really cannot address as progress all that is happening on our continent.

But first of all, I would like us to congratulate ourselves for the election of the Secretary General Alain BERSET. The newly elected Secretary General has a huge responsibility and is facing numerous challenges ahead of his period. So, we count on him on making our voice heard and to build stronger synergies between our member states based on renewed commitment to our common values.

We also count on the Secretary General to enhance co-operation with key partners. The European Union, certainly, but also the United Nations, and such international bodies as the International Committee of the Red Cross. Sadly, the Red Cross services are desperately needed on our continent. Again.

The challenges we face today can only be tackled through multilateral co-operation, and we look forward to having a fruitful and regular dialogue with the Secretary General on the way forward.

That is why the Council of Europe needs to improve its international outreach and standing, and we need a permanent representation of the Council of Europe to the headquarters of the United Nations in New York.

Today, more than ever, we need to establish trustful and frank dialogue with the Global South. It is also imperative that we secure fully-fledged participation in diplomatic platforms on our continent, starting with the European political community.

In my limited time as the rapporteur, I would like to focus on the following issues: the war of aggression of Russia against Ukraine. That remains a top priority. Once and again, I call on colleagues and partners to keep solidarity with Ukraine. We renew our call to our member states and partners to go forward with the setting-up of an international tribunal on crimes of aggression. In the Assembly's view, the special tribunal is now the best and most feasible option in terms of legal basis and political legitimacy to try Russian political and military leaders for the crimes of aggression in Ukraine.

We welcome the efforts of this Assembly and their members in opening yet another difficult chapter in our dealing with the consequences of a full-scale war in Europe, and I'm talking about Ukrainian civilians kidnapped by Russia and kept as prisoners. These civilians are subject to torture, forced labor, and sexual violence. It is mind-blowing that this is happening in Europe in the 21st century.

This is the last session of a very difficult year, especially for our friends in Ukraine. Ahead of the winter session, more than 80% of the Ukrainian energy sector has been destroyed by the aggressor. In this end of this Parliamentary Assembly of the Council of Europe early session. I also feel very urgently the need to call on all of us to renew our support to Ukraine, because, let us not be mistaken, there are forces on this continent and in this very house that tried to whitewash Vladimir PUTIN's regime and undermine European solidarity. And we knew which are these forces.

Dear colleagues, now let me say a few words about our election observation work. I came back from Georgia, where I headed our pre-electoral delegation ahead of the parliamentary elections on 26 October. The electoral context in Georgia is really worrying. I feel that the forthcoming elections may be a de facto referendum on Georgia's democratic trajectory. We are very concerned about political misuse of media and state administrative resources, the allegations of harassment of opposition members, as well as threats, intimidation and hate speech against civil society. I just came back from the Committee on the Honouring of Obligations and Commitments by Member States of the Council of Europe (Monitoring Committee), where I have underlined the same elements.

While in Georgia, I deplored the chilling effect of the law on transparency of foreign influence on activists and domestic election of service ahead of the elections. I reiterated the Assembly's demand to withdraw this law, which is incompatible with European democratic and human rights values as clearly indicated by the opinion issued by the Venice Commission. Free and legitimate elections are essential to safeguarding Georgia's place in Europe. The stakes are huge. At the end of my speech today, I would like to turn it into a glimpse of hope, because right on that seat, or this seat, 2 hours ago, was Mr Vladimir KARA-MURZA sitting with us today together with his courageous and unstoppable wife Evgenia KARA-MURZA. In August, Vladimir, along with Oleg ORLOV and Ilya YASHIN and 13 other political prisoners have been liberated from Russia. We're happy and relieved to see them here in the House of European democracy. But many more remain behind bars in Russia and Belarus, and we must not abandon the fight.

This will be a huge honour and a great relief to be able to welcome Vladimir for the group sessions today.

We're also honoured by the decision of the Václav Havel Prize committee to attribute this year's prize to miss María Corina MACHADO, the brave Venezuelan democracy fighter.

Before concluding, I would like to extend my sympathy and support to our member states who suffered from the heavy floods and loss of lives in recent days, including my dear Romania. The terrible flood in Central Europe is yet another wake up call for greater solidarity and climate change awareness.

Our Council of Europe could foster a lot of progress in this area. We must take our share of both responsibilities and actions.

Mr Iulian BULAI

Romania, ALDE, Rapporteur

15:45:29

Dear colleagues,

Let me conclude by reminding you that our unique position as members of the Parliamentary Assembly and members of national parliaments gives us a special responsibility.

The Assembly's role is not confined to Strasbourg. As national legislators, we must ensure that the decisions taken here are followed up in the countries concerned.

Thank you for your attention.

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

15:45:56

Thank you, Mister BULAI.

Now we have the list of speakers of the political groups. 

In the debate, I call next Mr Mogens JENSEN.

Mr Mogens JENSEN

Denmark, SOC, Spokesperson for the group

15:46:07

Thank you very much, Mister President and also thank you, Mister BULAI for the progress report. 

I would like to focus on the very sad fact that, since we were here last, that the Foreign Minister of Azerbaijan has announced that 76 of us members of this Assembly is now to be considered as persona non grata in the country, not allowing us to enter Azerbaijan.

The reason for that is that we, in a full, democratic process in this Assembly have voted, according to our conscience and democratic belief, not to ratify the credentials of the delegation of Azerbaijan.

This is, of course, fully unacceptable and yet another sign that Azerbaijan is not fully committed to the democratic values of the Council of Europe. It also reminds us of the very clear reasons why we did not ratify the credentials of the Azerbaijani delegation earlier this year. We did not do that because there generally are huge challenges in regard to Azerbaijan's willingness and also ability to fulfil its commitments to the core values and the fundamental principles of our organisation when it comes to free and fair elections, when it comes to the separation of powers, the independence of the judiciary, and respect for human rights in general, as illustrated by numerous judgments by the European Court of Human Rights and opinions of the Venice Commission. 

In addition to this comes also that our rapporteurs are restricted in their work and denied access, for example, to persons detained for political reasons and also that the Parliamentary Assembly was not invited to observe the presidential election in Azerbaijan despite the country's obligation to send such an invitation. 

Lately, the authorities of Azerbaijan have also refused to co-operate with the Council of Europe's Committee for the Prevention of Torture, the CPT Committee.

So, there are, unfortunately, many substantial reasons for not ratifying the credentials of the delegation of Azerbaijan before they start changing things. I think we should send a very clear signal to the Azerbaijani authorities from this session. Your ban on 76 members of this Assembly is a disgrace and we urge you to remove it immediately while at the same time to return back to the path of co-operation with the Council of Europe and its institutions. Remove the ban and commit yourself fully to protect human rights, democracy and the rule of law. 

Thank you. 

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

15:49:13

Thank you, Mister Mogens JENSEN, who spoke on behalf of the Socialist Group.

Now Mr Lulzim BASHA has the floor on behalf of Group of the European People's Party.

Mr Lulzim BASHA

Albania, EPP/CD, Spokesperson for the group

15:49:40

Thank you, Mister Vice-President.

I'd like to start by also offering my congratulations also to the president of the Alliance of Liberals and Democrats for Europe and the rapporteur on this final progress report of the period from June until now, but also to ask for the attention of the Assembly with regards to the steps that have been taken by the Assembly but not yet been taken up the Committee of Ministers.

The war in Ukraine continues to rage on. Unspeakable horrors, attacks on civilians and children, attacks on the children's hospital in Kyiv, and other war crimes rage on.

This Assembly has been at the forefront of proposing the proportionate measures to deal with Russia's unprovoked aggression.

The creation of the international tribunal for the crime of aggression is one of those measures. We all wish and hope for progress in this matter before it is too late.

But so is also the matter of the compensation mechanism, which would allow for hundreds of billions of Russian assets, Russian Federation assets, frozen in Europe and elsewhere, to be seized and transferred to Ukraine. Surely, this measure is proportionate and overdue, in particular given the escalation of Russia's crimes and destruction in Ukraine and Russia's rhetoric. While Mr Vladimir PUTIN threatens with nuclear weapons, we must answer with resolve. This is therefore our hope that the Committee of Ministers will not delay taking this unanimous proposal, this unanimous resolution, and unanimous recommendation, into account.

The world is also facing another conflict which is escalating in the Middle East. We have seen innocent Israelis, Palestinians, and now Lebanese killed in this conflict. This risk of more civilians being harmed increases by the day. Diplomacy must prevail above weapons and a peaceful solution above terror and aggression. At the same time, we recognise the unfortunate reality that conflicts often affect innocent civilians. While Israel, like any other democracy, takes great care to minimise harm towards non-combatants, it is critical to remember that true blame lies with the terrorist organisations who use civilians as shields and exploit the chaos they create.

Our focus must remain on supporting Israel's right to defend itself, while also seeking to prevent the loss of innocent lives caused by the actions of these extremist groups. 

These conflicts have an impact on each of our countries.

In the Balkans, autocrats are trying to profit from the situation to further ruin the rule of law and to bring to life old conflicts.

It's been more than a year since the Banjska terrorist attack took place.

It's been more than a year since one of our colleagues, Mr Knut ABRAHAM, fielded a proposal signed by sufficient members of this Assembly for an investigation of this act.

I therefore call on the Assembly to proceed without delay in this regard as well.

Thank you.

(Light, sporadic applause)

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

15:53:17

Thank you, Mister BASHA.

It's worth reminding that you have to insert your badge before speaking.

Now, Mr Ian LIDDELL-GRAINGER has the floor on behalf of the European Conservatives Group.

Mr Ian LIDDELL-GRAINGER

United Kingdom, EC/DA, Spokesperson for the group

15:53:34

Mister President,

Is this thing working? Yes, it is.

Can I just start by saying goodbye? This is my last time here at the Council of Europe. I've done 14 years; nine as group leader of the European Conservatives Group and Democratic Alliance. I hand over in a few hours time to my friend and colleague, Mr Zsolt NÉMETH.

I would just ask, and I listened to Mr Iulian BULAI, who is a close friend and I'm a great admirer of his, talking eloquently about Georgia, Mr Mogens JENSEN talking about Azerbaijan, our colleague just now talking about Ukraine. In the 14 years that I've been here, a lot of it as a group leader, I have seen the respect for the Council of Europe diminish. Diminish for, I think, various reasons.

First of all, it's too easy for countries, and the point was made where you can just say, "I don't want your people to come and visit", Azerbaijan being the case.

Also, we are not getting our message across as parliamentarians. If I went to the Place Kléber now, or the Place de Broglie and said, what do you know about the Council of Europe? Even in its hometown, I think the answer would be disappointingly bad, not a lot.

If any organisation which has made it to 75 years old doesn't think it needs to change, I'm sorry. I've got news for you. Everything has to change.

If you want to see an organisation which is under enormous pressure, because it's not got the ability to change, look at the United Nations, which every country here is part of.

The Council of Europe has a special place in the hearts of Europe. It was created out of the worst confrontation we have seen, the Second World War.

It created democracy and culture and, my God, that's important. It's the most important thing we can hand on. Until we do more quality and less quantity, we will have a problem.

The amount of reports we generate, the amount of ideas we generate, where do they go? Somewhere in this building, there is an entire room filled with these reports over 75 years. Mightily bored, you'd all be as well.

We've got to take forward what matters to us, which is fostering democracy. I go back to where I started. It is too easy now for places like Azerbaijan or Georgia or whatever and say, "we just don't want you. Sorry, we're not interested. It's up to you".

There is no whip. There's nothing we can actually do. The only thing we have is our ability to talk, our ability to convince, our ability to work together, to try and create what the Council of Europe was first started for 75 years ago. That is an aspiration we should all relish.

So, in my final seconds, I wish you all good luck as parliamentarians, colleagues and friends.

I wish the Council of Europe great luck.

I hope you all prosper in whatever you feel is right.

Thank you.

(Applause)

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

15:56:41

Thank you very much, Mister LIDDELL-GRAINGER.

Now, on behalf of the Alliance of Liberals and Democrats for Europe, Mister Mr Eerik-Niiles KROSS.

Mr Eerik-Niiles KROSS

Estonia, ALDE, Spokesperson for the group

15:56:51

Thank you, Chair.

Thank you, Iulian, for a nice progress report. I would like to agree with you that perhaps it's not really proper to call it a "progress report", it's a little ambitious but an "activity report". We have, indeed, done some good work here, but a lot remains not done.

Now, Ian, thank you for your service, as they say. On the one hand, I do agree with you that maybe we are not heard enough, and maybe some of the reports that we pass here, sometimes unanimously, do not have a direct impact. On the other hand, everything that we pass here survives; it becomes international law if you wish, and this stuff is really important.

For example, in 1983, this Hall passed a resolution on the illegal occupation of the Baltic states by the Soviet Union. It was a totally hopeless situation, half of Europe was under communist domination. No one cared. Nonetheless, that gave us a lot of hope. We used that little document – not that much later – to regain our independence. Even if it might not seem important, it is. There are people out there who listen to us and who use our words as ammunition. So, let's keep going.

Of course, the main concern for us here should be and is the Russian aggression against Ukraine. It's not unproportionate that we talk mostly about that.

The energy infrastructure that is destroyed – we need to think of ways how to help Ukraine. The prisoners of war, Ukrainian civilians in Russian captivity, the Ukrainian children, the tribunal, we play a big role in wording the Charter of the war crimes tribunal right now, that all is very, very important. We need to continue. Then, yes, we should look a bit into our own House.

Challenges in Georgia, we just heard this morning, the nominee from Georgia for the Václav Havel Prize's chilling speech about the state capture in Georgia. There will be elections. We will have the biggest election observation delegation in the history of this House in Georgia. "Can we do something to change the course?" is the big question. There will be the 7th election in Bulgaria in a very, very short time. We will observe. We heard about problems in Azerbaijan. So, our own House also is not in order. All that is pennies compared to the war in the heart of Europe, in Ukraine, and we should keep concentrating on that. Thank you very much.

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

16:00:06

Thank you, Mister Eerik-Niiles KROSS.

Now Mr Andrej HUNKO on behalf of the Group of the Unified European Left.

Mr Andrej HUNKO

Germany, UEL, Spokesperson for the group

16:00:14

Thank you very much, Mister President,

Ladies and gentlemen,

We always call this debate a "progress report" on Mondays. Unfortunately, it is not the case at the moment that we can talk about progress in terms of democracy, the rule of law and human rights. I agree with Mr Eerik-Niiles KROSS's point that we should actually be talking about an activity report.

One point that has already been mentioned, thanks to our Danish colleague, 76 Members of Parliament have been placed on a sanctions list in Azerbaijan because of their voting behaviour. There have been personae non gratae before, but I think this is the first time in history that voting behavior is the basis for who is to be sanctioned and who is not. I think that is unacceptable. It will also be important now – we also discussed this in Lisbon in the Social Affairs Committee – because the COP in Azerbaijan is coming up, and I do not think that we should now take this list into account, so to speak, and then send those colleagues who have not been sanctioned. I believe that was also the opinion of the Social Affairs Committee.

We have two elections ahead of us, both of which are highly geopolitical. That is in Moldova, including the referendum, and in Georgia. I was also part of the pre-election observation mission in Georgia. I look at this election with great concern because it is an extremely polarised situation, both sides basically say in response to my questions that they would not recognise an election of the other side if it came to that. This is, of course, a very difficult situation and requires us to maintain the highest degree of neutrality and impartiality. We are not there to support or not support one side in this conflict.

I have also spoken to NGOs there. Of course, from my point of view, it is also a problem when there are thousands of NGOs. There was talk of 31 000 NGOs, not all of which are active, of course, whose funding is not clear and which have links to political parties. Nevertheless, the development and the reaction in Georgia is also an authoritarian one, which I don't like.

It's a problem that needs to be examined from both sides. I just want to say that we will have another debate on Gaza. I find it shameful that we have not yet managed to take a clear position as an Assembly on what is happening in Gaza, and I think that is overdue. Thank you very much.

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

16:03:36

Thank you, Mister Andrej HUNKO.

That concludes the list of speakers on behalf of the political groups. Unfortunately, we have time only for one other speaker. That is Ms Khatia TSILOSANI.

You have the floor.

Ms Khatia TSILOSANI

Georgia, SOC

16:04:01

Thank you, Mister President.

Last week we hosted the Parliamentary Assembly of the Council of Europe pre-election delegation to Georgia, and we appreciate the high interest of the Parliamentary Assembly of the Council of Europe for the upcoming elections. The statement of the delegation raises concerns about impartiality and fair assessment of the development in Georgia. As far as none of the concerns raised by the ruling Georgian Dream Party representatives have been highlighted in their statement.

Let me provide you with some details about the upcoming elections. Based on the ethics code developed for the 2024 European Parliament elections, the Central Election Commission has drafted the ethic code for the parties to sign. Only six parties out of 27 have signed the ethic code, among them is Georgian Dream. None of the main opposition parties have joined the document. Moreover, the Inter-Agency Commission for reacting to violations during the pre-election campaign has been operational since 15 July.

To date, the commission has conducted six meetings. However, none of the opposition parties have ever participated, but the only ruling party and local and international monitoring organisations were present.

From 6 to 18 September, three opposition-affiliated TV channels were supposed to air Georgian Dream's election ads to a total of 787 times, but not once were they broadcast, while opposition ads aired eight times more, 6 227 times. This indicates that the Georgian Dream pre-election campaign is being treated unfairly by the TV channels.

There is a blurring of the lines between a number of NGOs and several opposition parties. This has been revealed based on the survey conducted using public sources, which has identified that among 49 local organisations registered to monitor elections, 19 are directly linked to the opposition political parties.

Additionally, some NGO leaders alongside the opposition frontrunners are conducting anti-Georgian Dream campaign when meeting voters.

Even more, the founders and the members of the board of some newly established observer organisations have been nominated by two opposition parties in their list for the election.

Despite repeated public and systemic highlighting of specific violations, to this day, none of the local monitoring organisations have reflected any of the facts in their reports, nor have they issued even a basic statement. This clearly confirms their bias and positioning in favour of the opposition.

Beside that, overt foreign meddling was witnessed in the recent months in the pre-election process when meetings between the opposition leaders and the voters were funded by particular opposition leaders and international organisations and foreign-state-funded organisations. At the same time, we are very proud that first time in Georgian history around 90% of voters will be voting with electronic machines that are disconnected from the internet and, therefore, are safe from any external interference.

Thank you very much once again. I believe that the election on 26 October will really, clearly show demonstration of the fair and unbiased election campaign results.

Thank you very much.

Mr Armen GEVORGYAN

Armenia, EC/DA

17:51:07

(Undelivered speech, Rules of Procedure Art. 31.2)

Mister President,

It's been a year since the ethnic cleansing of Armenians in Nagorno Karabakh. At least 120 000 Armenians who lost their ancestral homes in Nagorno Karabakh are in despair and denied of any future. For over a year Azerbaijan has – with impunity - been destroying the Armenian heritage in Artsakh, the identity of our people. Dozens of Armenian prisoners and leadership of Nagorno Karabakh among them remain in Baku. The situation has been worsening by day.

At the same time, there is a "peace process" between Armenia and Azerbaijan, where the Armenian side is trying to sign a peace deal at any cost, while Azerbaijan demonstrates no rush. The main centers of power in this process are pro-actively pursuing various geopolitical goals. In these circumstances, Azerbaijan has removed all serious mediators, and now trying to abolish the OSCE Minsk Group in order to annul the entire history of Karabakh negotiations. The inaction of the international community, including our own organisation, is only encouraging the aggressiveness of the Azerbaijani leadership. While the rest of the world, including Armenian leadership, is hoping to achieve peace, Azerbaijan has continued militarisation, moving military installations closer to Armenian international border, and never ceasing aggressive rhetoric - now against lands of Republic of Armenia. As a result, the real peace is replaced by the illusion of a wishful one.

Colleagues,

In reality there is a negotiations process between Armenia and the Turkic coalition, which is ironing out its most preferable and 'final solutions' on the ground. The basis of the negotiations process is without the most fundamental of all preconditions: the recognition of each other's right to exist. The alliance of Türkiye and Azerbaijan is pursuing a "final solution" of the Armenian question, seeking twin goals of physical unification of the Turkic world on the ground and reduction of the Armenian territory and number of people living on it.

Mister President:

I am sure that it is equally important for Europe that Armenia - favouring peace - is also capable to avoid a Turkic “trap of peace" and is able to continue standing firm against existential challenges. Let’s make no mistake - paper never means peace, especially in Caucasus. We should prioritise not only just and legitimate peace deal, but also finding such mechanisms that would ensure the implementation of the arrangements agreed upon. Our organisation should determine whether we want to play any substantial role in this process, and adopt some policies rooted in 'red lines', or we just continue the fake policy of playing nice with Azerbaijan.

Ms Hripsime GRIGORYAN

Armenia, SOC

17:51:11

(Undelivered speech, Rules of Procedure Art. 31.2)

 

Honorable Chair,

As we think about the past months, many of us would agree that as long as the wars in Ukraine, Gaza and elsewhere continue, we cannot say we have done enough.

Today, however, I want to share a more positive perspective on what we can achieve acting bold and united. Armenia and Azerbaijan are engaged in talks to finalize and sign a Peace Agreement. A month ago two countries signed the Regulation on the Joint Activity of the Commissions on Delimitation of the state border being the first legal bilateral document between the two states. Moreover, the document states that Armenia and Azerbaijan agree to set the 1991 Almata Declaration as the basic principle for the border delimitation. This means the two countries de jure recognize each other’s territorial integrity with the borders existing during the Soviet Union. And that means the two countries have no territorial claims to each other.

Now the next step is eventually signing the Peace agreement. Instead, Azerbaijan puts forward preconditions, delaying the signing of the peace agreement. One of them refers to the Constitution of Armenia, insisting it contains territorial claims towards Azerbaijan, which is wrong in essence. Additionally, there are two decisive arguments that make Azerbaijan’s claim irrelevant. First, the already agreed provision in the draft agreement saying that “None of the Parties may invoke the provisions of its internal legislation as justification for its failure to perform the present Agreement." Second, the decision of the Constitutional Court of Armenia - it says the Document signed between the Commissions of Border Delamination is in line with the Constitution of Armenia. So with this, there should be no more obstacles for signing the peace agreement.

Dear colleaugues, coming to peace after decades of enmity is too hard. Armenia is ready for Peace. And our role as International Community, as members of the Council of Europe is to make sure we do what is within our possibilities but also responsibilities – “help” Azerbaijan overcome the lack of political will and sign the Peace agreement that will make it possible for the peoples of our region to live in peace, in dignity, in stability and prosper. The "Crossroads of Peace" project of my government is about realizing the potential of not only our region, but also beyond, connecting the East to the West and strengthening the Middle Corridor.

We all speak different languages. Peace is the language understood by everyone. So let peace be the mindset of every leader and every decision-maker.

Thank you.

 

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

16:08:02

Thank you, Miss TSILOSANI.

I must now interrupt the list of speakers.

The speeches of members on the speakers list who have been present during the debate but have not been able to speak may be given to the Table Office for publication in the official report.

I remind colleagues that the typewritten texts can be submitted electronically, if possible, no later than 4 hours after the list of speakers is interrupted.

Mister BULAI, do you wish to reply?

You have 3 minutes.

Mr Iulian BULAI

Romania, ALDE, Rapporteur

16:08:33

I wish Mr Ian LIDDELL-GRAINGER was still in the room because I wanted to thank him dearly for the fantastic legacy he has at the Parliamentary Assembly of Council of Europe (PACE). The legacy of Mr Ian LIDDELL-GRAINGER is being on the right side of history. We have been fighting together in June 2019 on not allowing the Russian delegation with full rights back to the Parliamentary Assembly of Council of Europe as nothing happened when Russia annexed Crimea, and that is a fact. And the legacy of Mr Ian LIDDELL-GRAINGER is great, but the challenge of the group is even greater. So I really hope that this legacy will be stronger than the influences of using this fantastic European Conservatives Group and Democratic Alliance as a proxy of Russia's influence by a possible Trojan vehicle within the House.

That being said, yes, Mister JENSEN, I am among the 76 members of this Assembly being declared non grata in Azerbaijan. And that is wrong, because this House is a house of dialogue, not pointing to each other, implying a physical impediment on going into a country, despite that country not being willing to accept us as observers or as participants in international conference. I think it's the wrong direction, and I really hope that the energy of the newly elected Secretary General could put us back on track in terms of our relationship with Azerbaijan.

Yes, Mister BASHA, we need to talk about the Middle East, both about Gaza, about Iran, about what goes on with Hezbollah in Lebanon now. But we should have two things in our mind when having this discussion. No Islamophobia admitted, no anti-Semitism admitted in this House. And I hope this can be a rule for all the debates ahead of us this week.

Yes Mister Eerik, you have referred to the event of the Declaration of 1983 of this House when the Baltic states were declared illegally occupied by the Soviet Union. At that time, there were no signs of serious hope of the Soviet Regime collapsing. And despite that, that represented a sign of hope for the millions of Baltics who wanted the Western democratic voices to be directed towards them too.

Mister HUNKO, I'm very pleased we've been together in Georgia and I think we'll have an excellent collaboration for the main mission too. Impartiality and neutrality are important values when dealing with a country file. But lying by omission, that is also something that we should be avoiding.

And a last comment on Madam Ms Khatia TSILOSANI from Georgia. Madam TSILOSANI, I'm very happy that you are here with us. I really hope that you'll still be here with us after the amendment on the elimination of the gender quota will produce effects within your electoral law and as a result of your elections. Thank you so much for allowing me to present this report and I wish everyone good luck in defending human rights, democracy and rule of law, both here but also at home. Thank you.

Mr Gerardo GIOVAGNOLI

San Marino, SOC, President of the Assembly

16:11:48

Thank you, Mister BULAI.

So, the debate is closed.

The Bureau has proposed references to committees for certification by the Assembly.

They are set out in Document 16045, addendum 1.

Is there any objection to the proposed references to committees?

No, there is no objection.

So the references are approved.

I now propose that the other decisions in the progress report Document 16045, addendums 1 and 2 be ratified.

Are there any objections? No, there aren't.

There are no objections.

The progress report is approved.

Thank you, Mister BULAI. Thank you everybody.

Is Ms Eka SEPASHVILI in the room. Ms Eka SEPASHVILI? Is Ms Eka SEPASHVILI here? That's why I'm confused.

Debate: The Council of Europe Development Bank: implementing the Reykjavik Declaration

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:16:03

So, dear colleagues, the next item of business this afternoon is a debate on the report titled the Council of Europe Development bank implementing the Reykjavik Declaration.

It is under the Document 16042 presented by Ms Eka SEPASHVILI on behalf of the Committee on Social Affairs, Health and Sustainable Development.

We will then hear a statement from Mr Carlo MONTICELLI whom I welcome in our Assembly, governor of the Council of Europe Development Bank.

In order to finish by 5:30 p.m. I will interrupt the list of speakers at about 5:20 p.m. to allow time for the reply and the vote.

I call now Ms Eka SEPASHVILI, rapporteur.

You have seven minutes now and three minutes at the end to reply to the debate. You have the floor. Thank you.

Please stand up, Miss SEPASHVILI. you have to stand up.  

Ms Eka SEPASHVILI

Georgia, EC/DA, Rapporteur

16:17:03

Dear colleagues, ladies and gentlemen,

I'm glad that I have the opportunity to present my report on the Council of Europe Development Bank and highlight the main findings.

I will do a brief overview of the history and goal of the Bank and later development into overviewing the Bank's activities over the past five years, such as activities in helping member states handle the Covid-19 pandemic, its support to Ukraine's reconstruction, its nexus to environmental and social development and its role in overcoming the tragic earthquake in Türkiye.

My report is based on an exchange of views held by the Committee on Social Affairs, Health and Sustainable Development and with Mr Carlo MONTICELLI, the governor of the Bank, fact-finding meetings and interviewing with the Bank's representatives and further research.

As you might all be aware, the Council of Europe Development Bank is Europe's oldest multilateral development Bank, mainly centered on promoting social cohesion. Its mission covers responses to social challenges, including the integration of migrants, displayed persons and refugees, as well as natural disasters.

More recently, its mission expanded to support the reconstruction of Ukraine.

The Bank is linked to the Council of Europe as an enlarged partial agreement, but its own legal personality and own resource of finding. Currently 43 countries are members of the Bank, but we do hope that other members will join the Bank which are not now currently members, and will implement together and will support the Bank's activity. As you would remember, during the Reykjavík Summit, the member states acknowledged the added value of the Bank and how it can support the reconstruction of Ukraine.

Furthermore, the declaration encouraged the Bank to focus on the social dimensions of climate change and environmental degradation. This has been reflected in the Bank's strategic framework, which sets three overarching goals responding to social development needs and inclusion challenges investing in comprehensive assistance to refugees and migrants providing targeted support to Ukraine, which I should note becomes the Bank's new member after 2023.

Over the past five years, the Bank has been considerably impacted by several disrupting developments in its field of activities such as Covid-19, the start of the war in Ukraine, and the acceleration of the climate crisis.

During the Covid-19 pandemic, the Bank provided timely, flexible, and targeted support to its member countries by prioritising pandemic related projects, both during the Covid-19 crisis and in the recovery effort.

In regard to supporting Ukraine, the Bank has already been providing substantive support, totalling more than 1.3 billion to Ukrainian refugees and their host communities, but 2023 opened a new phase of the Bank's engagement in Ukraine. The Bank created the Ukraine Solidarity Fund and provided flexible fast tracking grant support to Ukrainian refugees. Ukraine's accession to the Bank paved the way for the first loan on 100 million in co-financing with the World Bank.

In addition to loans, the Bank has also deployed targeted grant support to meet the needs of the most vulnerable population in Ukraine. Notably, the Bank assists national authorities in the reconstruction of areas affected by natural and man made disasters and co-finances projects that improve the living environment.

Additionally, an important aspect of the Bank's work remains managing the impact of natural disaster. In response to the devastating earthquake in Türkiye, CEB responses included a swift approval of 250 million liras at an extraordinary meeting of the administrative council.

In addition, the CEB has participated in several healthcare projects in Türkiye in recent years.

I would also like to commend - and all of us should commend - CEB's support to its member states and its efforts to honour commitments under the UN 2030 Agenda for sustainable development. Nevertheless, the check-ins on progress so far shows that additional efforts are needed towards achieving the sustainable development goals.

The Bank already does immense work and I would like to emphasise the importance of continuing such work, particularly in responding flexibly to social development and inclusion challenges, in gradually enhancing support for the Ukrainian government, in focusing on the social dimensions of climate change, and in investing in the preservation and protection of the environment.

In my concluding remarks, I would like to call the member states of our organisation who are not yet members of the Council of Europe Bank to become members. It should be emphasised that the CEB must further pursue its work in helping member states achieve a social, fair and inclusive transition towards a greener future.

Thank you and I count on your support.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:23:04

Thank you, Madam SEPASHVILI.

Dear colleagues, I would like to warmly welcome Mr Carlo MONTICELLI, governor of the Council of Europe Development Bank. Mr Carlo MONTICELLI, who began his five year mandate on 18 December 2021 following a distinguished career in major international financial institutions.

I'm delighted by the prospect of the cooperation which we had the opportunity to discuss during our meeting in Paris earlier this month.

As president of the Assembly, I will do my utmost to support the Bank's mission, which focuses on issues of interest to the Assembly, including support for the reconstruction of Ukraine, as well as addressing a variety of social challenges such as healthcare, education, training, administration, and the judicial sector.

Mister MONTICELLI, dear Carlo, you have the floor.

Mr Carlo MONTICELLI

Governor of the Council of Europe Development Bank

16:24:01

President Theodoros ROUSOPOULOS,

Distinguished Members of the Parliamentary Assembly,

I am truly honoured to be with you today for the first time since I became Governor of the Council of Europe Development Bank, the CEB, as we call it.

At the outset, I would like thank the President, for the very nice words, and the rapporteur, Ms Eka SEPASHVILI, for her valuable introduction and her words of appreciation for the CEB’s many achievements. I also sincerely thank her and the Committee for their clear and comprehensive report, which we warmly welcome.

Five years have passed since a report on the activity of the CEB was presented to your honourable Assembly. Since then, the world has become a more dangerous and unstable place —a world where too often the threats to the very founding values of the Council of Europe are rampant and cause unfathomable suffering.

A series of overlapping and compounding crises —the Covid-19 pandemic, the intensifying climate change, Russia’s aggression against Ukraine, the spillovers from other wars, the widespread geopolitical tensions— all these crises have materially worsened the lives of many, especially those who are most vulnerable in our societies.

In these difficult times, the CEB is determined to redouble its efforts in delivering on its mission of strengthening social cohesion.

Why so?

Because now – exactly as 68 years ago when the Bank was established – social cohesion is an indispensable building block of progress and sustainability. Cohesion and inclusiveness are not only essential components of the social contract underpinning democracies. They are a necessary factor for economic growth: to make it happen, to make it sustainable.

Cohesion and inclusiveness may seem elusive concepts, abstracts. But they are not. They are the result of innumerable, consistent, and persistent actions in education, employment, health, social housing, which concretely ensure that all members of our societies can satisfy their essential human wants.

How does the help of CEB materialise in this endeavour? By providing financial and technical assistance to specific projects in the social sector so that they are implemented: building, furnishing and refurnishing schools and hospitals; providing social housing; supporting the reconstruction after natural disasters; mitigating the effects of climate change…

The list could go on.

Indeed, I could spend hours to describe in detail the marvellous projects we have financed – and trust me you would be thrilled, not bored, given the improvements they brought about in the life of so many people.

By supporting investment in social sectors, the CEB translates the fundamental rights of the Council of Europe into concrete, tangible improvements in the daily lives of European citizens, helping to build fairer and more inclusive societies.

Crises and the shifting context surrounding our activity have required the CEB to modify the way it operates to maintain its capability to deliver results. With dedication and resolve, the CEB has embraced the necessary change. We have been continuously adapting, developing new instruments to be better fit for purpose.

Most importantly, we have adopted a new compass, the CEB’s Strategic Framework 2023-2027, which guides our operations, doubling down on our social mission.

The needle of this compass is the vulnerability lens. This is a concrete operational approach which —on the basis of well-defined criteria that take into account the different aspects of vulnerability— enables us to better target our activities in favour of the most disadvantaged members of society.

To implement this strategy, the CEB was granted new resources. Thanks to a historic decision in November 2022, our member countries approved the first-ever capital increase for the Bank with additional paid-in resources. In this way they have expressed a strong vote of confidence in our ability to deliver on our mandate. We are grateful for that.

The additional resources have made the CEB better able to respond to our membership’s most pressing needs.

Ukraine provides a stark example of that. The capital increase allows us to operate in the country, which joined the Bank in June 2023, with a non-negligible total envelope of 1.2 billion Euros by 2027.

As in our tradition, we have delivered, and we have delivered fast.

Less than a year after Ukraine’s accession, we have already approved 200 million Euros in loans to bolster housing and healthcare.

We have finalised the projects and started disbursing in record time.

Excuse me.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:30:59

We want you to feel comfortable, Carlo. Nobody's gonna attack you here. Since you are here to spare money yeah, we are very welcome. Don't worry.

Mr Carlo MONTICELLI

Governor of the Council of Europe Development Bank

16:31:10

Here I am.

So I was saying that we have finalised the projects and already started disbursing. Indeed, we have already 2 000 families who lost their homes because of wars and who will be shortly rehoused because of our actions.

I was in Ukraine two weeks ago to take stock of the progress on the ground and discuss further collaboration with the authorities, especially in assisting internally displaced persons and developing micro and small businesses.

I could witness, firsthand, the unbelievable courage and resilience of the Ukrainian people as well as the dedication of the authorities. I am extremely proud that the Council of Europe Development Bank (CEB) can play a critical role in immediate assistance and in the future of the reconstruction of the country.

I am even prouder of the results achieved in Ukraine because they represent the material response to the call by Heads of State and Government at the Reykjavík Summit for the CEB to implement the Action Plan for Ukraine.

Leaders there also urged the Bank to focus on the social dimensions of climate change and environmental degradation and to help member states achieve a fair and inclusive transition that leaves no one behind.

We are delivering decisively on this call too. The CEB’s Strategic Framework recognises the link between climate change and its social effects. We do integrate climate mitigation and adaptation into our social projects, fostering a just green transition. Indeed, in 2023, half of the CEB’s activities had climate co-benefits.

 

President,

Honourable Members of the Parliamentary Assembly,

The world has drastically changed over the last five years. The CEB has evolved with it, redoubling its efforts and adapting the way it operates to deliver on its mandate, which is today more relevant than ever.

The CEB provided crucial support to our member countries during the unprecedented crises that hit our societies. We have grown stronger in membership and financial capability, establishing ourselves as the social bank of Europe.

But we are not complacent.

In these difficult times when the founding values of the Council of Europe are increasingly threatened, the Bank remains entirely committed – as its financial arm – to uphold them. We contribute to these critical missions by financing impactful social projects which help strengthen the social fabric of our member countries.

This is not meant to be a mellifluent promise. It is meant as a concrete and operational pledge to action.

We do stand ready to contribute our expertise and finance to pursue the Council of Europe’s and this Assembly’s objectives by supporting projects consistent with our mandate.

To be even more effective, we also seek your help in raising awareness about the CEB, about the support we can concretely dispense to your countries, to your regions, to your very own constituencies.

We remain here at the service of the Council of Europe – at your service. Make use of us.

Thank you for your attention.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:35:35

Thank you. Thank you very much, Mister MONTICELLI, for your most interesting address.

We will note the last phrase of your speech, of course.

And now I open the debate.

And I call first on behalf of Group of the European People's Party, Mr Marko PAVIĆ.

Mr Marko PAVIĆ

Croatia, EPP/CD, Spokesperson for the group

16:35:52

Thank you very much, Chairman.

In front of the Group of the European People's Party, I would like to compliment the report by Ms Eka SEPASHVILI. And I would like to also congratulate the governor Mr Carlo MONTICELLI.

The Council of Europe's Development Bank says it is Europe's oldest multilateral development bank. The numbers and management speak for itself: with more than 21.5 billion Euros of investment in the periods 2019 to 2023. Only last year in 2023, 4.1 billion projects have been approved.

This early performance in 2023 confirms the Bank's resilience in times of crisis and especially with a net profit of 109 million Euros.

The Bank promotes social cohesion by investing in people, in jobs, socioeconomic inclusion and resilient living.

This is why we in the Group of the European People's Party fully support the Reykjavík declaration to provide support for the reconstruction of the Ukraine.

I can offer also my personal and my country's experience in this matter. Croatia is the only EU country that still remembers war, that still remembers the effects of war, and we invested a lot of time and effort and money in reconstructing our country. We had programmes that we financed from EU funds, like a programme for reconstruction, integrated economic and social regeneration of war-affected small cities.

As a former minister of Croatia for EU funds, I know personally the strength of the European Social Fund and investment in people, not only in buildings.

In Croatia, we started a programme called Wish where we managed to invest €760 million euros in the employment of more than 25 000 women in rural areas of Croatia.

It is estimated that about 70% of housing is severely damaged and destroyed in Ukraine, and also the report states that the regional housing programmes in the western Balkan will be recognised as relevant in this topic.

Just next week we will have a conference in Croatia with Mr Volodymyr ZELENSKYY present, a meeting on a high level with South-eastern European countries.

And finally, I would like to advocate synergy between European funds and that Ukraine is also a candidate country in CEB funds.

In the midterm review of the EU 21-27, we enabled Ukraine 50 billion Euros of investments. Ukraine is a candidate country. Let's make synergy between funds of the CEB and the EU funds.

In front of the Group of the European People's Party, we fully support this report and we thank the rapporteur.

Thank you very much.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:39:01

Thank you, Marko.

On behalf of the European Conservatives Group and Democratic Alliance, Sir Edward LEIGH.

Sir Edward LEIGH

United Kingdom, EC/DA, Spokesperson for the group

16:39:10

Mister President, this report is good as far as it goes. I mean, I should declare an interest, having served myself on the board of a bank in the past, for nine years – not presently. And I know from my own experience that a bank has to focus on its core mission. And I'm pleased that we can read in paragraph 8, that in 2023, the Bank approved 4.1 billion Pounds in new loans and dispersed 3.7 billion Pounds while generating a profit of 1.19 million Pounds.

What is the core mission? We see that in Paragraph 12. Support for health systems and social care, education and vocational training, social and affordable housing, urban, rural and regional development, developing micro, small and medium enterprises and micro-finance. That is all absolutely excellent. But the reason why I want to question this report is that we're now asking the Bank, encouraging the Bank – whether this is a mandate, I don't know – to focus on the social dimensions of climate change and environmental degradation.

I'm sorry, Mister President, we read later in this report, and it's been already alluded to, and it's in paragraph 21, that it's estimated that some 70% of housing in Ukraine is severely damaged or destroyed. And we read in this report about the Bank's know-how in dealing with such physical damage. Surely, when this country has been invaded, or when it is on its knees when a large part of its housing is in ruins and its industries, we need, for Ukraine, a new Marshall plan. And the whole focus of the Bank should be on reconstructing Ukraine, its housing, its industries and all the rest. So why are we now mandating the Bank to focus its energies on climate change? On climate change! Is this a priority if you're in Ukraine? Is it a priority to build solar farms or wind turbines? This might be advisable proper in a peaceful country but it certainly should not be the absolute focus in Ukraine.

So when the rapporteur sums up this debate, what I want to know from her is, are we going to, and I like to also, if possible, for the governor of the Bank to write to me later, I want to be absolutely ensured that the Bank's focus is on its traditional mandate; I repeat, a Marshall plan for Ukraine, and is not motivated by political considerations, such as climate change. That should be its task. They should get on with it and do it now.

Thank you very much.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:42:05

Thank you, Edward LEIGH.

On behalf of Alliance of Liberals and Democrats for Europe, Ms Larysa BILOZIR.

Ms Larysa BILOZIR

Ukraine, ALDE, Spokesperson for the group

16:42:12

Thank you, Mister President.

Esteemed colleagues,

In the Reykjavík Declaration there was a vision of the role of the Council of Europe's Development Bank (CEB) to set forth the Bank as they want to help us build a socially stronger Europe and I think the CEB copes with this goal set out by the Declaration very well. We are grateful to the CEB's flexible and tailored support for 43 member states in the recent years of Covid-19 and the full-fledged war of Russia against Ukraine.

In 2023, 48 projects with high social impact were approved in its member states and in 2024, at least two were approved for Ukraine. And if you read the report, there is so much about Ukraine in it and we get the impression that only Ukraine received this money. No. Overall Spain, Poland, France, Türkiye followed by Germany, Italy and Slovak Republic are the largest borrowers from the CEB. And Ukraine went through the swift accession – and thank you very much to you – to join the Bank in the middle of 2023 and we appreciate the CEB's commitment in 2024 to provide Ukraine with two loans worth €200 million for recovery and healthcare.

Indeed, this €100 million compensation for destroyed housing is very effective. More than 2 000 certificates for the purchase of new homes of temporary displaced persons whose homes were destroyed by Russia were received, mostly by soldiers, people with disabilities and large families. This was within half a year. Can you imagine?

So, this is the most successful and fast case that we should multiply together with you. I have talked to those people who lost their homes, ruined by Russia, and they lost their hope but the Bank restored their confidence in their future.

The second agreement includes €100 million for the health care sector and it has just started within the World Bank Project and it's a little bit already for two years that is continuous and I hope your money that came will encourage and make this faster.

So these two loans are approximately maybe 5% of the total amount of loans granted by the Bank to its member states and Ukraine would be very grateful for expanded assistance ensuring housing for internally displaced persons with the certificates which were very, very fast and you don't have to wait until the housing will be built like for the money of European Commission for two years, it's still not built and here it's very fast. You get the certificate – it's approximately $40,000 for a family and you get immediately the house.

So thank you to the rapporteur for emphasising the need to enhance support for the Ukrainian government for the recovery and the social sector and this is especially crucial given the huge social needs in Ukraine devastated by the war.

And on behalf of the Alliance of Liberals and Democrats for Europe, I must tell you that we fully support this report.

Thank you very much for your work.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:45:31

Thank you Larysa.

On behalf of the United European Left, Mr George LOUCAIDES.

Mr George LOUCAIDES

Cyprus, UEL, Spokesperson for the group

16:45:39

Dear colleagues,

I want to thank the rapporteur Ms Eka SEPASHVILI for this report and the resolution before us that clearly acknowledge the diversity of projects and the range of social areas in which the Council of Europe Development Bank (CEB) is active.

I also want to thank Mr Carlo MONTICELLI for his significant intervention. I keep many things from this. I kept many things, but the major one is that without social cohesion and inclusiveness, as we don't have growth, it's a prerequisite for growth. 

As the only international financial institution with an exclusively social mandate, the CEB has a major role to play in social development. As such, the Bank is an instrument of European solidarity for the most vulnerable segments of the population. Let us not forget that one in five Europeans remains at risk of poverty or social exclusion, therefore the Bank’s role remains crucial and should be further strengthened.

We welcome the Bank’s alignment with the strategic vision of the Council of Europe, as expressed during the Reykjavík Summit last year. It is equally imperative to continue mainstreaming the UN’s Sustainable Development Goals (SDGs) into the CEB’s work.

Environmental issues and climate action in particular should remain at the forefront of the Bank’s priorities, especially in view of the adoption of the right to a healthy and sustainable environment and the elaboration of a new Convention on the Protection of the Environment through Criminal Law.

Dear colleagues,

The Bank’s mandate can only be fulfilled by strengthening social cohesion and solidarity. The ‘vulnerability lens’ as described in the report needs to be taken into account now more than ever, as inequalities are on the rise and not all sectors of the population have equal access to quality public services and credit facilities.

Therefore, providing support and opportunities for persons with disabilities, the elderly, the homeless, the unemployed, single parents, young people, migrants and refugees or persons of migrant background and members of ethnic groups should continue to be the driving force behind the Bank’s investments.

Let us reiterate once again, that if left unaddressed, exclusion and marginalisation may also lay the ground for extremism and racism. The Bank must offer perspective to these disadvantaged groups and implement inclusive policies primarily in the housing, health, education and employment sectors in both urban and rural areas.

Allow me to finish my intervention, dear colleagues.

We hope that the CEB will continue to react swiftly and effectively to the ever changing socioeconomic developments in Europe and continue to engage in fruitful and transparent dialogue with the Parliamentary Assembly of the Council of Europe.

Thank you.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:49:06

Thank you, George LOUCAIDES.

On behalf of the Socialists, Democrats and Greens Group, Mr Stefan SCHENNACH.

Stefan, Stefan, we cannot hear you. Can you please press the button?

Mr Stefan SCHENNACH

Austria, SOC, Spokesperson for the group

16:49:22

I would also like to start by congratulating the rapporteur and, of course, Mr MONTICELLI.

It is somewhat unusual for a bank director to stand before a Parliamentary Assembly. But that is what is special about our development bank, that every five years parliamentarians make a report on the Bank and its business and that, like Governor Wenzel in the past, Governor Monticelli is now here to answer questions.

And I can only say that I am somewhat surprised to hear criticism of the Bank's direction coming from the UK - when the UK is one of the countries that is not involved at all. And I say; shame on my country Austria too, which is not involved. And I can say one thing; not a single year has passed in the last 14 years where I have not tried to ensure that Austria clears up this disgrace of not being there.

I don't think there is any other bank that asks two questions like our Bank. The first question is, what is the social added value of this loan? And the second question is, what is the impact on the labor market? Do you know of any other bank that asks these crucial questions? I don't. And perhaps in response to the British criticism, it was always the aim from the outset to emphasise sustainability as well as social impact. Of course, I particularly welcome the fact that Andorra has become a member and that Ukraine has become a member. I believe that this is something very important. And some countries are not yet members here, but are already members of the Bank - such as the esteemed Kosovo, which became a member of the Council of Europe Bank very early on.

If we also take a look at the history; this Bank was founded in 1956 in the shadow of the Second World War to deal with the refugee crisis, and one of the birth partners of this Bank - you wouldn't believe it - was Turkey. And we should also remember this with great respect. And now the dimension with Ukraine has been opened in Reykjavík and I believe that this is very, very important.

The Bank's flexibility is demonstrated by its response to the devastating earthquake in Turkey and the various natural disasters, but also in the context of the pandemic, and by the fact that the focus is now on major reconstruction efforts in Ukraine, aid for Ukrainian refugees and social housing in Europe in general.

But, dear colleague from the United Kingdom, reconstruction is best associated with sustainability. I think that is one of the important things. Thank you very much.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:52:44

Thank you, Stefan.

 Mr Cerni ESCALÉ is next.

Mr Cerni ESCALÉ

Andorra, SOC

16:52:53

Thank you, Mister Presdient.

Thank you also to the rapporteur.

Dear colleagues,

Andorra is one of the newest members of the Council of Europe Development Bank, having joined in 2020.

Becoming a member of the CEB has proven to be very valuable for our country, particularly as the Covid-19 crisis deeply impacted our tourism-based industry. Through the Bank's support, we have strengthened our health sector's capacity and enhanced digital tools for public services.

We are proud to be a member of the CEB, of its socially inclusive scope, and we encourage the states that haven't done so thus far to follow suit.

We look forward to the new programs we can devise together with the Bank.

The focus of this Assembly on foreign policy reflects the urgency of our times, as Europe faces once again the challenges and devastation of war at its periphery. Foreign policy is indispensable and intrinsic to defending human rights.

It is also indispensable to continue strengthening our domestic human rights. To focus, in the face of growing dissatisfaction with the status quo and a brittle social fabric, on initiatives that lay the groundwork for well-being and social cohesion.

One specific area in which a wider, multi-country response may be reasonable is the soaring cost of living, with affordable housing as a main component. In Andorra, housing costs are rising yearly 4 to 8 points above inflation —mirroring the trends in many European cities.

Housing is one of the main pillars of the 2023-2027 Strategic Framework of the CEB and one that we consider central.

What I would like to suggest today is the possibility for the CEB, along with the accompanying institutions of the Council of Europe, to consider an overarching strategy to address the surge in the cost of housing and of housing scarcity. The possibility of creating a community of practice so that lessons learned can be shared. A response that cuts across individual projects and that ensures the most effective use of resources is given for this very salient issue.

I call on my colleagues here present that may share this concept to reach out.

Thank you with, Mister Chair.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:55:32

Thank you Cerni.

Ms Christiana EROTOKRITOU is next.

Ms Christiana EROTOKRITOU

Cyprus, SOC

16:55:36

Thank you Mister President.

Dear colleagues,

I would like to firstly thank Ms Eka SEPASHVILI for this excellent report.

It is positive that in the Reykjavík Declaration, there is a specific provision on the Council of Europe Development Bank, thus acknowledging and recognising the Bank’s essential role in initiating and driving sustainable projects across our continent, consistent with the vision and core values of this organisation, but also with the UN’s Sustainable Development Goals.

I also wish to commend the Bank for its consistently excellent sound financial standing, its expertise and targeted strategic planning and rating. I cannot also but congratulate the Council of Europe Development Bank for passing the 10 billion euro mark, just this month, in social inclusion bond issuance, which is reflective of the Bank’s ability to finance its social policy and to continue to do so in the future.

It remains crucial, as stipulated in the Reykjavík Declaration, that the Bank remain committed to its social mandate, by promoting social cohesion and integration at all levels, through targeted policies and investments aimed at alleviating the most vulnerable and disadvantaged groups on the European continent, thus contributing to ensuring inclusive economic progress and strengthening the principles of the rule of law and of a pluralist democracy.

We welcome the fact that the Bank has proactively taken up new challenges, particularly in Ukraine, by addressing in practical terms the many problems that Ukrainian society is facing as a result of the Russian aggression. I could not agree more with my esteemed friend Mr Stefan SCHENNACH's comments, from the Socialist Group, regarding the environmental targets for the Council of Europe Development Bank.

However, I shall reiterate the proposal I made a couple of years ago: perhaps it would be useful to expand CEB beyond its member states to assist third countries. Many of the issues these countries and their societies are facing have a direct impact in Europe, in terms of security but also stability. Reaching out and assisting these countries and applying there too a “vulnerability lens” would greatly benefit our member states, but also, crucially, our neighbours.

Looking forward, investments in assisting migrants and refugees as well as host countries in their procedures and capacity building remain highly pertinent.

Moreover, projects aimed at mitigating the effects of climate change and environmental degradation are particularly beneficial, also taking into account the growing importance of the right to a clean, healthy and sustainable environment and the draft protocol to the European Convention on Human Rights, currently underway.

We must all enhance the Bank’s visibility, relevance and strength, not only by facilitating its capital increase and new financing mechanisms such as the social inclusion bonds, but also by renewing co-operation with other international partners, in addition to regional and local authorities.

In these times of heightened economic and geopolitical instability, social investment needs in Europe and beyond remain huge.

The Council of Europe Development Bank’s work is now more than ever relevant.

Thank you.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

16:58:47

Thank you, Christiana.

Victoria TIBLOM, you have the floor.

Ms Victoria TIBLOM

Sweden, EC/DA

16:58:53

President,

Dear colleagues,

It is not too often that one hears the expression "small is beautiful" in connection with international financial institutions. And it is true that the Council of Europe’s own Development Bank, the CEB, is by far not as big as for example the World Bank or the International Monetary Fund.

But it is precisely this characteristic that gives our Bank its particular flexibility, in what has, since its founding in 1956, always been its main mandate and its forte. But as with all funding, it is important that it is used for the right reasons, and we should make sure to focus on our citizens of Europe. We are here for them and they are the ones that should benefit from the funds.

The Reykjavík Declaration, adopted during the Fourth Summit of the Council of Europe in May 2023, highlights the organization's commitment to uphold democratic principles, human rights, and the rule of law.

Our rapporteur, Ms Eka SEPASHVILI, is to be commended for her full report on the CEB’s more recent actions. The report rightly also details how the CEB is implementing some specific priorities mandated to it, such as assist in modernising public services like healthcare, education, and housing. This is crucial for reinforcing the social fabric of communities.

TheBank also provides quick financial support for disaster relief and rehabilitation, which is essential for the declaration's objective to strengthen Europe’s resilience against crises.

And I agree with Sir Edward LEIGH, we need to focus on rebuilding Ukraine and not on different green projects.

And let me conclude on a hopeful note and express the wish that the remaining Council of Europe member states that are still not part of the Bank will soon choose to join!

Thank you, Mister President.

 

 

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:01:14

Thank you, Victoria.

Mister BÜCHEL, you have the floor.

Mr Hubert BÜCHEL

Liechtenstein, ALDE

17:01:20

Dear Chair, dear governor MONTICELLI, dear colleagues,

I'd like to start by thanking Ms Eka SEPASHVILI for preparing this report and for her important work.

I also like to thank governor Mr Carlo MONTICELLI for his insightful words.

We welcome the European Development Bank's mission to focus on the social dimension of climate change and environmental degradation, and to support the reconstruction and rehabilitation of various social sectors in Ukraine.

In solidarity with Ukraine and its civilian population, the Liechtenstein parliament has allocated an additional 1.9 million Euros for humanitarian and development projects in Ukraine and its neighbouring countries.

We join the report in congratulating the Development Bank on its continued prudent financial management, regaining its top credit rating and providing tailored support to its members in connection with the pandemic and natural disasters, for example.

Although I do sympathise with some remarks of Sir Edward LEIGH, I would also like to share the view that the Development Bank should continue its work towards the socially just inclusive transition of the economy to a greener future by financing projects in this area and contributing to an expansion of national and international investment efforts in this field.

Thank you very much.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:02:59

Thank you, Hubert.

Mr Attila TILKI is next.

Mr Attila TILKI

Hungary, EC/DA

17:03:04

Dear colleagues, the Council of Europe Development Bank is a long-standing and significant pillar of the Council of Europe.

It is important to support the CEB's core mission of helping the most vulnerable groups to promote social cohesion in Europe.

The CEB plays a major role in projects of education, health care, environment protection, improving house condition and creating and protecting jobs.

2023 opened a new phase of the CEB engagement in Ukraine. The Bank already provided substantive support totalling more than 1.3 billion Euros to Ukrainian refugees and their host communities from the onset of Russian war of aggression against Ukraine.

Hungary has welcomed and supported the Ukrainians fleeing the war of aggression. The Council of Europe and its member states recognise the added value of the CEB can provide the support the reconstruction of Ukraine, where, according to the estimations, about 70% of housing is severely damaged or destroyed. To provide rapid assistance, finances were sourced through the CEB's Ukraine Solidarity Fund as well as the Migrant and Refugees Fund.

In March 2024, a one million Euro loan to Ukraine was approved for financing compensation for destroyed residential properties with emphasis on the needs of internally displaced persons.

Mister Governor, how far in your view can the Council of Europe Development Bank by being active and restoring living conditions in Ukraine effectively support the sustainable return of Ukrainian refugees to their homeland while the war of aggression is still going on (and restoring peace in Europe is not a shared objective)?

Thank you for your attention.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:05:39

Thank you Mister Attila TILKI.

Ms Marietta KARAMANLI.

Ms Marietta KARAMANLI

France, SOC

17:05:49

Thank you, Mister Chairman.

Ladies and gentlemen,

The motion for a resolution presented to us by our colleague, whose work I salute here, represents a milestone for the Council of Europe Development Bank (CEB), the continent's oldest multilateral development bank. I really wanted to thank its Governor for the report that has been presented and for his speech earlier. A major instrument, I'd say, for solidarity policy, and one to be commended.

Despite its long history, the CEB still too often goes unnoticed, even though the volume of outstanding loans reached 21.5 billion Euros at the end of 2023, up 8.3% at the end of 2022. In its category and within the limits of the amounts lent, CEB plays a role as a vector of social cohesion and sustainable development for the credits thus mobilised.

Recent priorities include its contribution to humanitarian aid, the reconstruction of Ukraine, support for social issues, climate change - as has already been mentioned - and environmental degradation, as well as the provision and accessibility of high-quality public services.

We must therefore be careful to give real thought to a multi-annual investment program. In so doing, Europe does more than simply rebuild or guide: it produces a common future.

The motion for a resolution here emphasises the proximity of projects to beneficiaries, social impact assessment, and the identification of target countries and populations. It also stresses the need to extend our membership to countries that are not yet members, and to coordinate Board priorities with Bank financing. And here, I would like to add the need, for our Assembly, for an a posteriori evaluation of the main projects financed by mobilising some data - populations concerned, quantification of returns and qualification of experiences.

In other words, it would be useful, dear colleagues, to be able to highlight the socio-economic benefits, including in terms of education, health, employment and development, of an action that we all approve of here and praise together.

Thank you for your attention.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:08:17

Thank you, Marietta.

Ms Lesia ZABURANNA is next.

Ms Lesia ZABURANNA

Ukraine, ALDE

17:08:42

Dear colleagues,

First of all I would like to say that we highly appreciate this report, so thank you very much to the rapporteur Ms Eka SEPASHVILI for this great work, and on behalf of all of the Ukrainian delegation, we also would like to say thank you to the president of the Bank, Mr Carlo MONTICELLI, for your constant support of Ukraine.

Last year, the 4th Summit of Heads of State and Government of the Council of Europe marked a truly historic occasion. In the face of Russia's full-scale invasion of Ukraine, European leaders came together, united in purpose and resolve. This time it gave us a crucial moment to reflect on the priorities of the Council of Europe, to ensure that our activities are not only visible but impactful within our member states, and that our goals align with the ever changing geopolitical landscape we face today.

In the Summit's declaration, the heads of state and government pledged to continue strengthening social cohesion. And let me be clear, cohesion in these times is not just a priority, it is a necessity. It promotes society, well being, reducing polarisation, encourages economic prosperity and strengthens the very foundations of democracy and civic engagement.

The Bank's work extends to Ukraine, where its impact has been significant. Just two weeks ago, Ukrainian authorities and representatives of the Bank met to reflect on the strong progress made in the first twelve months of co-operation. The results speak for themselves.

At the Reykjavík summit, European leaders also made a firm commitment to support Ukraine's reconstruction efforts by using all means available, including the Development Bank.

Ukraine's co-operation with the bank has been successful, yielding tangible results. Perhaps most notably, just three months ago, the CEB approved a 100 million Euros loan to restore access to essential health care services in Ukraine.

Under its current strategic framework, it is poised to invest about €1,000,002,000 in social investments in Ukraine by 2027.

But colleagues, there is more work to be done.

The CEB must become even more visible. It must reach more people and communities to fulfil its mission. And this is where we, as parliamentarians, have an important role to play. Thank you very much.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:11:50

Thank you, Madam ZABURANNA.

Ms Bernadeta COMA is next.

Ms Bernadeta COMA

Andorra, ALDE

17:11:55

Mister Chairman,

Madam Secretary General,

Ladies and Gentlemen,

The Council of Europe Development Bank was set up in 1956, and since then its main objective has been to improve living conditions for citizens by promoting social cohesion, through the financing of projects with a high social impact in Europe. It has done so by granting loans, donations and guarantees.

Over the years, the Council of Europe Development Bank has responded to a wide range of social challenges, investing in many areas such as employment, social inclusion and resilient living environments, among others.

At the Council of Europe's Reykjavik Summit on 16 and 17 May 2023, member states recognised the indispensable role of the Council of Europe Development Bank in the reconstruction of Ukraine and in strengthening the fight against climate change and environmental degradation.

Today, it must continue totackle major challenges. To do so, it must establish partnerships with institutional counterparts and international partners such as the European Union, to ensure that investment efforts complement each other and sustainably increase its added value in priority areas of intervention.

Firstly, I would like to congratulate the rapporteur, Ms Eka SEPASHVILI, on her excellent report, and Mr Carlo MONTICELLI, Governor of the Council of Europe Development Bank, on his speech.

Secondly, I would like to give my full support to the draft resolution and the draft recommendation, whose content I share.

The draft resolution refers to Andorra. Andorra became a member of the Council of Europe Development Bank on 26 May 2020, at a time when the world was in the grip of the Covid-19 pandemic. The country was able to benefit from an initial credit of 12 million euros, intended entirely to cover expenses associated with the health crisis. This credit breathed new life into the country at a very critical time for Andorran society, which had to face the pandemic alone.

In February 2022, Andorra formalised a second credit of 4 million euros with the Development Bank, designed to implement the country's digital transformation. This digital transformation concerns the general administration as well as the entire private production sector.

We're a very small country, landlocked between France and Spain, but we're a strong advocate of participation in international organisations and solidarity between states. In particular, we have shown our support for Ukraine in various ways.

It's for this reason that I encourage states that are not yet members to join the CEB as soon as possible. The CEB is an indispensable, reliable and solid partner for promoting social cohesion.

Thank you for your support.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:15:08

Thank you, Madam Bernadeta COMA.

Ms Jessica STEGRUD. You have the floor, Jessica.

Ms Jessica STEGRUD

Sweden, EC/DA

17:15:18

Mister President,

Let me first of all say how glad I am to take the floor today for the first time before this distinguished Assembly.

And that I can do so on a theme central to us all, namely how we may together improve the social situation of millions of vulnerable people in distress within our borders, be they the victims of disasters such as Covid-19, flooding, earthquakes, droughts or other calamities, or, but most of all, be they the victims of military invasions.

The Council of Europe’s Development Bank – in providing social and rebuilding support all around Europe – comes in very handy in crisis situations such as these.

With its volume of loan approvals standing at 4.3 billion Euros per year, it can – thoughtfully implemented – help to make possible socially important projects, not least in reassuring other lenders with its own top credit rating.

The Bank received additional encouragement and guidelines for action at the European Summit of the Council of Europe held in Reykjavik in May of last year. Thus, the Bank’s more immediate focus should be, of course, help in rebuilding Ukraine.

As for Ukraine, the Bank’s effort as social support also has a political dimension, in that the Development Bank's projects in that field serve to strengthen general civilian morale and cohesion in the country.

All in all, the need for the Bank’s assistance will no doubt grow further in the coming years, and the institution itself seems ready for the challenge.

In this context, it is worth noting that a few Council of Europe member states have – for reasons that are not quite clear – not yet joined the Bank.

In my view, they could usefully do so, for the benefit of others as well as themselves.

I join our rapporteur, Ms Eka SEPASHVILI, in her wish for this to come about as soon as possible. And, more in general, I thank her for her work on the report, and I believe it will be solidly approved by this Assembly today.

Thank you, Mister President, for your kind attention.

Mr Olivier BITZ

France, ALDE

17:56:50

Speech not pronounced (Rules of Procedure, Art. 31.2), only available in French

Mr François BONNEAU

France, ALDE

17:56:52

Speech not pronounced (Rules of Procedure, Art. 31.2), only available in French

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:17:55

Thank you, Jessica.

Dear colleagues, I must now interrupt the list of speakers.

The speeches of members on the speakers list who have been present during this debate but have not been able to speak, may be given to the Table Office for publication in the official report.

I remind colleagues that typewritten text can be submitted electronically, if possible, no later than 4 hours after the list of speakers is interrupted.

Now, Mister MONTICELLI, if you wish to reply, you have 3 minutes.

 

Mr Carlo MONTICELLI

Governor of the Council of Europe Development Bank

17:18:30

Thank you.

I simply want to thank for the words of appreciation and encouragement that I have received, and most importantly, for the guidance that you have provided.

Three points that I would like to stress briefly.

First, in my intervention, I focused on the CEB's response to the new elements brought about in the Reykjavík Declaration, Ukraine and the role of climate change. But I really want to stress that we continue to focus on our core mission of social inclusion, and this is something that involves every single country, rich and poor, large and small.

And the second point that I want to make is that our contribution is, of course we're a bank and it's financing and financing a very good financial condition, but it is not only that, it is technical assistance, support to make projects happen, to make them bankable, more than cheap money. Indeed, so much so that we have projects with borrowers that could equally tap the market, but they prefer not to do it to avail of our expertise.

The third point that I would like to make is that we are pursuing the values of the Council of Europe of inclusion, of sustainability, not only with the asset side of our balance sheet, but also with the liability side, with our program of social inclusion bonds, which as some of you recalled, has reached the 10 billion of floating. And so it's quite a substantive amount. But most important is the quality of the work that we've done in financial market that I think is worth sharing with you.

Most notably, we have been spearheading the market when it was really at its infancy and we have given it credibility with the quality of the projects that underpin our social bonds, but most importantly with the quality and transparency of our reporting to the financial markets, which is clearly setting a benchmark for the whole industry.

I thank you again for your warm encouragement.

Thank you, President.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:21:31

Thank you so much dear Carlo, thank you so much for being with us and being so accurate, not only on time, but on the ideas that you have the kindness to give to us and to our members.

Now I will call Ms Eka SEPASHVILI, rapporteur, to reply. You have 3 minutes as well.

Ms Eka SEPASHVILI

Georgia, EC/DA, Rapporteur

17:21:52

Let me thank you very much to the speakers for their kind words and assessment of the report.

And I would like to highlight once more that the main value, what the bank is developing in these countries, is the coexistence in commercial projects, the values that we share and the values that we believe in, that is social cohesion, environmental protection. And these issues are together going with the commercial benefits and commercial gains of the Bank.

And this is very much important for all of us and for all countries to learn lessons from the Bank, how it could be manageable to reach poor economic goals together with sustainable development goals, it should be managed altogether.

And I'm pretty sure that the Bank will provide good examples for other projects which are not financed by the Bank, but other good examples for the countries and for other financial institutions, how all of these goals can be achieved and how countries can learn, and how countries can deal with the problems that occur in their countries.

Thank you very much again for your close cooperation during the preparation of the report, to the Bank representatives and Mr Carlo MONTICELLI.

And I do hope that such kind of work will make more the Bank's activity more vivid and valuable.

Thank you.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:23:38

Thank you, Eka.

Now, I would like to ask the Vice Chairperson of the Committee if she wants to take the floor.

Danuta, would you like to take the floor?

Ms Danuta JAZŁOWIECKA

Poland, EPP/CD, Vice-Chairperson of the Committee on Social Affairs, Health and Sustainable Development

17:23:47

Thank you.

Thank you, Ms Eka SEPASHVILI for your report and thank you Mr Carlo MONTICELLI for your statement and also for the support of the Bank.

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:23:59

Can you please bring the microphone closer to you because I'm not sure that the interpreters will hear you.

No, no, the mic was on, but it was a long way from you.

Ms Danuta JAZŁOWIECKA

Poland, EPP/CD, Vice-Chairperson of the Committee on Social Affairs, Health and Sustainable Development

17:24:12

Ladies and gentlemen,

As our debate is ending, allow me to thank all of those who have contributed to the debate and to reiterate our main message.

The Council of Europe Development Bank is a unique financial institution in Europe. Its overarching focus on the social needs in member states deserves our full support.

The Reykjavík Summit gave an additional impulse to the noble mission of the Bank, providing direct help to Ukraine, the newest member of the Bank, for its reconstruction even as the war continues, and investing across Europe to underpin the greener transition in a socially fair manner.

The Bank cannot do everything alone. That's why it needs the involvement of the member states of the Council of Europe.

That's why we are urging five, let's say "outsiders" – Armenia, Austria, Azerbaijan, Monaco and the United Kingdom – to join the Bank as soon as possible and show genuine solidarity in action. To be able to do more for its members, the Bank has forged partnership with large European and international partners and needs to make them even stronger.

This network of partnerships helps risk sharing, resources, mobilisation and the use of the Bank's unique know how.

We encourage the Bank to preserve its important mission and to grow stronger together with its members and partners.

I trust that we can vote unanimously in support of the draft resolution before you today and call upon you to continue spreading the information about the Bank in our countries so this socially vital project could emerge in advance for the good of the Europeans.

Thank you.  

Vote: The Council of Europe Development Bank: implementing the Reykjavik Declaration

Mr Theodoros ROUSOPOULOS

Greece, EPP/CD, President of the Assembly

17:26:26

Thank you.

Thank you so much, Ms Danuta JAZŁOWIECKA.

Dear colleagues, 

The Committee on Social Affairs, Health and Sustainable Development has presented a draft resolution and a draft recommendation (Document 16042) to which no amendments have been tabled.

We will now proceed to vote on the draft resolution contained in Document 16042. A simple majority is required.

The vote is open.

The vote is closed.

I call for the result to be displayed.

The draft resolution in Document 16042 is unanimously adopted.

We will now proceed to vote on the draft recommendation contained in Document 16042. I remind you that a two-thirds majority is required.

The vote is open.

The vote is closed.

I call for the result to be displayed.

The draft recommendation in Document 16042 is adopted unanimously.

The Assembly will hold its next public sitting tomorrow at 10 a.m. with the Agenda approved this morning.

The sitting is adjourned.

 

The sitting is closed at 5:30 p.m.