Trade Agreements: Dispute Resolution
The question
To ask the Secretary of State for Business and Trade, whether he plans to review Investor-State Dispute Settlement provisions in UK trade and investment agreements.
Answered by Chris Bryant
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 Government is aware of the interest in this important policy area and, in line with HMG’s Trade Strategy, the UK will continue to work with trading partners multilaterally, such as the OECD and the UN, to pursue opportunities to improve ISDS practice.
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