Asked by: Martin Rhodes (Labour - Glasgow North)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what discussions his Department has had with their Colombian counterparts on the Colombia-UK Bilateral Investment Treaty in the last four years.
Answered by Chris Bryant - Minister of State (Department for Business and Trade)
My Department regularly engages with Colombia to discuss trade and investment matters, primarily through the UK-Andean countries trade agreement committees which have been meeting annually since 2022 and the UK-Colombia Trade Dialogue. My Department has not received a formal approach by its Colombian counterparts to discuss the UK-Colombia Bilateral Investment Treaty.
Asked by: Martin Rhodes (Labour - Glasgow North)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what review processes does the Government have in place to assess the adequacy of its trade and investment treaty commitments for the UK-Russia Bilateral Investment Treaty.
Answered by Chris Bryant - Minister of State (Department for Business and Trade)
The UK’s International Investment Agreements (IIAs) aim to enhance opportunities for UK businesses to expand overseas, with commitments that seek to limit the barriers they face, make it easier to navigate local rules, and ensure investments are treated lawfully, and protected against unfair or arbitrary action. There is no specific review process within this Agreement.