Trade Agreements and Treaties
The question
To ask the Secretary of State for Business and Trade, what review processes the Government has in place to assess the suitability of its trade and investment treaty commitments, including those over thirty-five years old, such as the UK-Russia Bilateral Investment Treaty.
Answered by Chris Bryant
The UK’s International Investment Agreements (IIAs) aim to enhance opportunities for UK businesses to expand overseas, with commitments that seek to limit the barriers they face, make it easier to navigate local rules, and ensure investments are treated lawfully, and protected against unfair or arbitrary action. There is no specific review process within such Agreements.
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