Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

79278

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	EU External Trade: USA
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will give a formal response to the report published by LSE Enterprise entitled, Costs and Benefits of an EU-US Investment Protection Treaty.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206923
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 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

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

79350

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, if he will take steps to ensure that DG Trade in the European Commission meets more public interest groups from the UK to discuss the Trans-Atlantic Trade and Investment Partnership negotiations.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206917
answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The European Commission has been extensively consulting and reporting back as negotiations progress on the Trans-Atlantic Trade and Investment Partnership (TTIP), for example through the establishment of their own expert advisory group, an open door policy for meetings with interested parties, and stakeholder events open to all interest groups during each round of negotiations. The Trade Commissioner and his senior officials have also contributed extensively to engagement in the UK, by providing evidence to the House of Lords during their enquiry into TTIP and by speaking at meetings and events organised both by the Government and stakeholders. We support their approach, and are happy to continue to encourage them to consult extensively.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206918 206919 question first answered 10/09/2014 14:53:07 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79351

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, if he will take steps to ensure that DG Trade in the European Commission meets more trades unions from the UK to discuss the Trans-Atlantic Trade and Investment Partnership negotiations.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206919
answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The European Commission has been extensively consulting and reporting back as negotiations progress on the Trans-Atlantic Trade and Investment Partnership (TTIP), for example through the establishment of their own expert advisory group, an open door policy for meetings with interested parties, and stakeholder events open to all interest groups during each round of negotiations. The Trade Commissioner and his senior officials have also contributed extensively to engagement in the UK, by providing evidence to the House of Lords during their enquiry into TTIP and by speaking at meetings and events organised both by the Government and stakeholders. We support their approach, and are happy to continue to encourage them to consult extensively.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206917 206918 question first answered 10/09/2014 14:53:08 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan

79352

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, if he will take steps to ensure that DG Trade in the European Commission meets more environmental interest groups from the UK to discuss the Trans-Atlantic Trade and Investment Partnership negotiations.
tabling member constituency	Paisley and Renfrewshire North
tabling member printed	Jim Sheridan
uin	206918
answer	answer is ministerial correction date of answer 10/09/2014 answer text <p> </p><p>The European Commission has been extensively consulting and reporting back as negotiations progress on the Trans-Atlantic Trade and Investment Partnership (TTIP), for example through the establishment of their own expert advisory group, an open door policy for meetings with interested parties, and stakeholder events open to all interest groups during each round of negotiations. The Trade Commissioner and his senior officials have also contributed extensively to engagement in the UK, by providing evidence to the House of Lords during their enquiry into TTIP and by speaking at meetings and events organised both by the Government and stakeholders. We support their approach, and are happy to continue to encourage them to consult extensively.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock grouped question UIN 206917 206919 question first answered 10/09/2014 14:53:08 answering member 4070 label Biography information for Matt Hancock
tabling member	1464 label Biography information for Jim Sheridan