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79269

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what his policy is on the investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206910
answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The purpose of an investor-state dispute settlement (ISDS) mechanism in an investment protection agreement is to provide an independent process for foreign investors to seek compensation where they believe they have suffered a loss as a result of action by the host state which breaches the provisions of the treaty. ISDS provisions can help to create a positive investment climate and promote growth. As such, ISDS will not have a direct impact on consumers, who will benefit from other elements of the Transatlantic Trade and Investment Partnership (TTIP) and who have separate routes for seeking redress. The UK currently has over 90 investment protection agreements with other countries. While a number of UK businesses have used ISDS to seek compensation, there has been no successful action against the UK in respect of any of these agreements. The Department for Business, Innovation and Skills has commissioned research into investment protection agreements and the ISDS mechanism, reviewed academic research, consulted external experts and carried out its own internal analysis on investment provisions. The ISDS provisions in TTIP are still under negotiation. We believe these provisions must strike the right balance between protecting investors and the host nation’s right to regulate and determine policy. Balanced investment protection provisions in TTIP could act as a model for future trade and investment agreements.</p><p> </p><p> </p><p> </p><p>I am not aware of having received any representations from South Africa, Ecuador, India and Indonesia on investor state dispute settlement in the TTIP negotiations.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206909 206911 206923 206924 question first answered 10/09/2014 14:38:37 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79270

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with trades unions on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206913
answer	answer is ministerial correction date of answer 04/09/2014 answer text <p> </p><p>Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.</p><p> </p><p> </p><p> </p><p>Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206880 206881 206882 206883 206884 206885 206886 206887 206888 206889 206890 206891 206892 206893 206895 206896 206897 206898 206899 206900 206901 206914 206915 206916 question first answered 04/09/2014 15:22:27 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79271

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with consumer groups on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206914
answer	answer is ministerial correction date of answer 04/09/2014 answer text <p> </p><p>Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.</p><p> </p><p> </p><p> </p><p>Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206880 206881 206882 206883 206884 206885 206886 206887 206888 206889 206890 206891 206892 206893 206895 206896 206897 206898 206899 206900 206901 206913 206915 206916 question first answered 04/09/2014 15:22:27 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79272

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with health campaigners on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206915
answer	answer is ministerial correction date of answer 04/09/2014 answer text <p> </p><p>Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.</p><p> </p><p> </p><p> </p><p>Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206880 206881 206882 206883 206884 206885 206886 206887 206888 206889 206890 206891 206892 206893 206895 206896 206897 206898 206899 206900 206901 206913 206914 206916 question first answered 04/09/2014 15:22:27 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79273

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with environmental campaigners on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206916
answer	answer is ministerial correction date of answer 04/09/2014 answer text <p> </p><p>Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.</p><p> </p><p> </p><p> </p><p>Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206880 206881 206882 206883 206884 206885 206886 206887 206888 206889 206890 206891 206892 206893 206895 206896 206897 206898 206899 206900 206901 206913 206914 206915 question first answered 04/09/2014 15:22:27 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79274

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential effect on consumers of the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206911
answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The purpose of an investor-state dispute settlement (ISDS) mechanism in an investment protection agreement is to provide an independent process for foreign investors to seek compensation where they believe they have suffered a loss as a result of action by the host state which breaches the provisions of the treaty. ISDS provisions can help to create a positive investment climate and promote growth. As such, ISDS will not have a direct impact on consumers, who will benefit from other elements of the Transatlantic Trade and Investment Partnership (TTIP) and who have separate routes for seeking redress. The UK currently has over 90 investment protection agreements with other countries. While a number of UK businesses have used ISDS to seek compensation, there has been no successful action against the UK in respect of any of these agreements. The Department for Business, Innovation and Skills has commissioned research into investment protection agreements and the ISDS mechanism, reviewed academic research, consulted external experts and carried out its own internal analysis on investment provisions. The ISDS provisions in TTIP are still under negotiation. We believe these provisions must strike the right balance between protecting investors and the host nation’s right to regulate and determine policy. Balanced investment protection provisions in TTIP could act as a model for future trade and investment agreements.</p><p> </p><p> </p><p> </p><p>I am not aware of having received any representations from South Africa, Ecuador, India and Indonesia on investor state dispute settlement in the TTIP negotiations.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206909 206910 206923 206924 question first answered 10/09/2014 14:38:37 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79275

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, whether cross-border use of personal data is being discussed as part of the Trans-Atlantic Trade and Investment Partnership negotiations.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206920
answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The EU and the USA are exploring cross-border data flows in the context of the Transatlantic Trade and Investment Partnership (TTIP), given their importance to international commerce, in particular in services. The European Commission has publicly stated that existing EU rules regarding personal data protection are not on the table.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/09/2014 14:33:08 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79276

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, which existing regulations will not be part of the Trans-Atlantic Trade and Investment Partnership agreement.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206921
answer	answer is ministerial correction date of answer 04/09/2014 answer text <p> </p><p>One of the main aims of the Transatlantic Trade and Investment Partnership (TTIP) is to reduce unnecessary regulatory differences between the EU and the USA to encourage greater trade, particularly by SMEs who find overcoming regulatory differences to be a significant barrier to exporting. Both the EU and the USA have been clear that this will not come through lowering levels of consumer and other protections, and where this is not possible regulatory differences will not be eliminated. Reducing regulatory differences could be achieved through various methods such as mutual recognition of regulations, mutual recognition of conformity assessments, use of international standards, and alignment of future regulations. Over half of the projected benefits from TTIP are projected to come from this greater regulatory coherence.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206922 question first answered 04/09/2014 15:34:03 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79277

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, whether negotiators are discussing (a) the harmonisation of standards between the EU and US and (b) mutual recognition of standards between the EU and US in the Trans-Atlantic Trade and Investment Partnership negotiations.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206922
answer	answer is ministerial correction date of answer 04/09/2014 answer text <p> </p><p>One of the main aims of the Transatlantic Trade and Investment Partnership (TTIP) is to reduce unnecessary regulatory differences between the EU and the USA to encourage greater trade, particularly by SMEs who find overcoming regulatory differences to be a significant barrier to exporting. Both the EU and the USA have been clear that this will not come through lowering levels of consumer and other protections, and where this is not possible regulatory differences will not be eliminated. Reducing regulatory differences could be achieved through various methods such as mutual recognition of regulations, mutual recognition of conformity assessments, use of international standards, and alignment of future regulations. Over half of the projected benefits from TTIP are projected to come from this greater regulatory coherence.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206921 question first answered 04/09/2014 15:34:03 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79279

registered interest
date	22/07/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Transatlantic Trade and Investment Partnership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the rigorousness of the US judicial system towards business; and under what circumstances he would support a dispute settlement mechanism being included in the Trans-Atlantic Trade and Investment Partnership negotiations.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206924
answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The purpose of an investor-state dispute settlement (ISDS) mechanism in an investment protection agreement is to provide an independent process for foreign investors to seek compensation where they believe they have suffered a loss as a result of action by the host state which breaches the provisions of the treaty. ISDS provisions can help to create a positive investment climate and promote growth. As such, ISDS will not have a direct impact on consumers, who will benefit from other elements of the Transatlantic Trade and Investment Partnership (TTIP) and who have separate routes for seeking redress. The UK currently has over 90 investment protection agreements with other countries. While a number of UK businesses have used ISDS to seek compensation, there has been no successful action against the UK in respect of any of these agreements. The Department for Business, Innovation and Skills has commissioned research into investment protection agreements and the ISDS mechanism, reviewed academic research, consulted external experts and carried out its own internal analysis on investment provisions. The ISDS provisions in TTIP are still under negotiation. We believe these provisions must strike the right balance between protecting investors and the host nation’s right to regulate and determine policy. Balanced investment protection provisions in TTIP could act as a model for future trade and investment agreements.</p><p> </p><p> </p><p> </p><p>I am not aware of having received any representations from South Africa, Ecuador, India and Indonesia on investor state dispute settlement in the TTIP negotiations.</p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206909 206910 206911 206923 question first answered 10/09/2014 14:38:37 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan