Written Question·Department for Business and Trade·UIN 12382

Treaties: Colombia

Tabled: 4 November 2024

Answered: 12 November 2024

Question

Fabian Hamilton

To ask the Secretary of State for Business and Trade, if he will make an assessment of the (a) effectiveness of and (b) implications for his policies of recent investor-state dispute settlements under the bilateral investment treaty with Colombia; and whe

Answer

Mr Douglas Alexander

The Government regards the UK-Colombia Bilateral Investment Treaty (BIT) as playing an important role in the investment relationship between our two countries. The stock of total investment between the UK and Colombia was £6.8 billion in 2023. The BIT con...

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