Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills
The below Parliamentary question was asked by Kevin Brennan on 2016-06-20.
To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effect of the Government’s bilateral investment treaties on its policies on human rights, development and the environment in each of the countries with which it has signed a treaty.
Anna Soubry
The UK is signatory to over 90 bilateral investment treaties (BITs). The objective of BITs is to provide investors with fair and equitable treatment, protection against discriminatory action and a commitment not to expropriate investments without compensation. The contents of BITs do not provide specific obligations to either investors or states regarding human rights, development or the environment, however fair, non-discriminatory and proportionate action taken by a host state to protect human rights, development and the environment would not breach an investment protection. The Government is not aware of any Investor-State Dispute Settlement claims made by UK investors under existing BITs that have led directly to or contributed towards a negative impact on these areas.
