EU External Trade: USA

Department for Business, Innovation and Skills written question – answered on 8th December 2014.

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Photo of Zac Goldsmith Zac Goldsmith Conservative, Richmond Park

To ask the Secretary of State for Business, Innovation and Skills, in which countries in the proposed TTIP trading bloc domestic courts have failed to provide compensation to foreign corporations whose property has been unfairly confiscated or whose contracts have been unfairly terminated; and what the reasons were for compensation not having been given.

Photo of Matthew Hancock Matthew Hancock Minister of State (Department for Business, Innovation and Skills), Minister of State for Portsmouth, The Minister of State, Department of Energy and Climate Change

The Department for Business, Innovation and Skills does not routinely hold information on, or assess the fairness or otherwise of, the compensation decisions of courts in other countries except for individual cases that are brought to our attention by British companies.

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