Trade Agreements: Dispute Resolution

(asked on 6th January 2023) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, in reference to the answer to Question 454 in the oral evidence given to the International Trade Select Committee on 30 November 2022, if she will publish the analysis her Department has carried out on the long-term benefits of ISDS versus the risk.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 16th January 2023

Inclusion of Investor State Dispute Settlement (ISDS) in UK treaties is considered where it is in the UK's interests and where we agree with partners that it can play a useful role in supporting the bilateral investment relationship. These considerations are negotiation sensitive, and therefore not appropriate for publication.

Investment protections and ISDS can provide reassurance to UK investors to make substantial long term foreign investments. UK investment overseas contributes to economies across the globe, strengthens international trade and security and supports developing countries.

The UK has never had a successful ISDS claim against it.

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