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63994
registered interest false more like this
date less than 2014-06-25more like thismore than 2014-06-25
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Transatlantic Trade and Investment Partnership more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential effect of the Investor-State Dispute Settlement regulations on UK public services and businesses as a result of the Transatlantic Trade and Investment Partnership; and what UK Government policy is towards such regulations in international investment agreements. more like this
tabling member constituency Edinburgh South more like this
tabling member printed
Ian Murray more like this
uin 202532 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-01more like thismore than 2014-07-01
answer text <p> </p><p>The Department for Business, Innovation and Skills has commissioned research into Investor State Dispute Clauses (ISDS), reviewed academic research, consulted external experts and carried out its own internal analysis on investment provisions. The UK currently has over 90 investment protection agreements with other countries. There has been no successful action against the UK in respect of any of these agreements. ISDS provisions in investment and trade treaties can help to create a positive investment climate. The ISDS provisions in the Transatlantic Trade and Investment Partnership 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 and also provide transparency of process. A balanced ISDS clause in TTIP could act as a model for future trade and investment agreements.</p><p> </p><p> </p><p> </p> more like this
answering member constituency Sevenoaks more like this
answering member printed Michael Fallon more like this
question first answered
less than 2014-07-01T14:24:27.3720826Zmore like thismore than 2014-07-01T14:24:27.3720826Z
answering member
88
label Biography information for Sir Michael Fallon more like this
previous answer version
7116
answering member constituency Sevenoaks more like this
answering member printed Michael Fallon more like this
answering member
88
label Biography information for Sir Michael Fallon more like this
tabling member
3966
label Biography information for Ian Murray more like this