The Committee on Economic Affairs and Developmentappreciates a substantial input
by the Committee on Legal Affairs and Human Rights to the ongoing
international debate on corporate ethics and the responsibilities of
key players within a changing power structure across the globe.
The rise of enterprises as influential actors on the national, European
and world scene entails a number of open-ended questions about their
rights and responsibilities towards the society. The Committee on
Economic Affairs and Development therefore warmly welcomes the report
by Mr Holger Haibach on human rights and business which seeks to
clarify the Council of Europe’s role in this domain.
The Committee on Economic Affairs and Development supports
the proposals contained in the draft resolution and the draft recommendation
presented by the Committee on Legal Affairs and Human Rights. Its
proposed amendments aim to complete some provisions of the draft
resolution and the draft recommendation from an economic point of
view. They notably call for the strengthening of the existing Council
of Europe treaties and their monitoring mechanisms. They also propose
to examine the feasibility of elaborating a complementary hard law
instrument, such as a convention or an additional protocol to the
European Convention on Human Rights, in order to fill the existing
gaps in human rights coverage described in Mr Haibach’s report.