Written Question·Department for Business and Trade·UIN 15959
Foreign Investment: Dispute Resolution
Tabled: 25 November 2024
Answered: 3 December 2024
Question
Abtisam Mohamed
Labour — Sheffield Central
To ask the Secretary of State for Business and Trade, if he will initiative a review of UK treaties containing Investor-State Dispute Settlements.
Answer
Mr Douglas AlexanderThe UK is party to 83 Bilateral Investment Treaties (BITs) that contain investment protection and Investor-State Dispute Settlement (ISDS). In 2022, these BITs covered at least £195 billion of UK investment overseas.ISDS provides an independent means to r...
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