Vashi: Fraud
The question
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the impact of the Vashi diamonds case on investor confidence in the UK.
Answered by Chris McDonald
The Government has not made a formal assessment of this case; however, the UK continues to be regarded internationally as a strong and attractive destination for investment, underpinned by a robust rule of law, transparent insolvency processes, and a longstanding pro business environment. These fundamentals provide investors with confidence that commercial disputes are handled fairly and predictably.
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