Oral Answers to Questions Debate
Full Debate: Read Full DebateSandy Martin
Main Page: Sandy Martin (Labour - Ipswich)Department Debates - View all Sandy Martin's debates with the Department for International Trade
(5 years, 9 months ago)
Commons ChamberI repeat what we have said from this Dispatch Box and this Department many, many times: we absolutely agree with the hon. Gentleman that our food standards should be maintained. As for the requirements the US has laid out in its provisional negotiating strategy for its agreement with the UK, if he looks carefully at previous such agreements and previous such outline mandates from the US, he will find that they are almost exactly the same in every respect. That does not mean to say that they are delivered in that form.
The Government are considering their future approach to investor state dispute settlement. Where included in a trade agreement, ISDS will not oblige the Government to open the NHS to further competition, and overseas companies will not be able to take legal action to force us to do so.
The Secretary of State did not rule out the use of legal action against other companies in this country, so what message would he give to all those idealistic people who voted to leave the EU because they thought that the Transatlantic Trade and Investment Partnership would open us up to hostile lawsuits from US companies? Does he think that now that the truth is out they ought to have a chance for another vote?
I am not sure what the connection was between some of those points. Let me be clear that, through ISDS, investment claims can be made only in respect of established investments; the mechanism cannot be used in relation to an alleged failure to open up public services to a potential investor. It could not be much clearer that what was being put about was a complete myth.