Foreign Investment: Dispute Resolution
The question
To ask the Secretary of State for Business and Trade, what the cost to the public purse has been of responding to Investor-State Dispute Settlement claims brought against the UK since 2000, including legal fees and arbitration costs.
Answered by Chris Bryant
The UK has 77 BITs with Investor-State Dispute Settlement (ISDS) provisions. The Government is defending two active arbitrations, neither of which have been settled or concluded. The Government has acted consistently with domestic and international law obligations. In view of the ongoing proceedings, it would be inappropriate for the Government to comment further at this stage.
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