Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether his Department plans to negotiate investment agreements without investor-state settlement mechanisms in the future.

Investor State Dispute Settlement (ISDS) provides an independent means for investors to resolve disputes with states where they believe they have experienced arbitrary, discriminatory or unfair treatment or expropriation without compensation. The UK is a significant capital exporter and ISDS provisions provide an independent means to resolve disputes with host governments.

The UK will continue to work with trading partners multilaterally, such as at the OECD and the UN, to pursue opportunities to improve ISDS practice.