L

Lord Sharpe of Epsom (Con)

Speaking in the House of Lords on 20 January 2025

Debate

Colombia: Bilateral Investment Treaty

Contribution

My Lords, the Colombian Trade Minister said that the Colombian justice system had the tools to guarantee investors all reasonable protections and due process for the protection of their rights. Have His Majesty’s Government conducted an assessment of the Colombian justice system? If a renegotiation of the agreement takes place, are they satisfied that UK investors’ rights will be guaranteed all reasonable protections? That is particularly important given the ongoing dispute between ViiV Healthcare and the Colombian Government over intellectual property rights.

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