Trade Agreements: Australia

Department for International Trade written question – answered on 10th June 2021.

Alert me about debates like this

Photo of Rupa Huq Rupa Huq Labour, Ealing Central and Acton

To ask the Secretary of State for International Trade, what recent assessment she has made of the potential merits of excluding the investor-state dispute settlement mechanism from the UK-Australia trade agreement.

Photo of Greg Hands Greg Hands The Minister of State, Department for International Trade

The precise details of a free trade agreement with Australia are a matter for formal negotiations, and the Government would not seek to pre-empt these discussions.

If it is deemed that a legal mechanism is appropriate for resolving investment disputes, the mechanism will reflect modern practice, deliver fair outcomes of claims, require high ethical standards for arbitrators and include transparent proceedings.

There has never been a successful Investor State Dispute Settlement claim against the United Kingdom, nor has the threat of potential claims affected its legislation.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.