Question
To ask the Secretary of State for Business, Innovation and Skills, which arbitration centres for investor-state dispute settlement the UK is subject to.
The UK is not subject to any centres for investor-state dispute settlement. However, we have included reference to a number of institutions related to international dispute resolution in our bilateral investment treaties: the Swedish Chamber of Commerce (SCC), the International Centre for the Settlement of Investment Disputes (ICSID), a part of the World Bank, and the United Nations Commission on International Trade Law (UNCITRAL). The SCC and ICSID can provide a venue and procedural rules for arbitral proceedings and UNCITRAL just provides procedural rules.