Transatlantic Trade and Investment Partnership

Debate between Robert Jenrick and Helen Goodman
Thursday 10th December 2015

(9 years, 2 months ago)

Commons Chamber
Read Full debate Read Hansard Text
Helen Goodman Portrait Helen Goodman
- Hansard - - - Excerpts

I am pleased to see the right hon. Gentleman nodding in agreement.

Robert Jenrick Portrait Robert Jenrick
- Hansard - -

The UK has 110 bilateral investment treaties, almost all of which have ISDS, including with some very sophisticated countries such as Singapore and Hong Kong, where the legal system, certainly for commercial cases, is acknowledged to be excellent and akin to ours. Is the hon. Lady saying that the UK should withdraw from all or some of those bilateral investment treaties, on the basis of her previous experience as a Minister?

Helen Goodman Portrait Helen Goodman
- Hansard - - - Excerpts

I am not saying we should withdraw. Perhaps we should have more parliamentary scrutiny of what is going on under the arrangements we have; perhaps we are shedding a light on them; and perhaps we should be grateful for those constituents who have alerted us to the issue. I am grateful not because we have to accept every single message in its last detail, but because they have triggered my looking into this more deeply.

Lack of transparency in the negotiations, weak parliamentary scrutiny and the risks mean that it is very important that we do not agree to this measure unless we strip out the ISDS. I am extremely pleased to support the motion this afternoon.