Trade Agreements: Colombia
Lords · Question HL5467 · Tabled 4 Mar 2025 · Department for Business and Trade · Official record
Answered 18 Mar 2025
Question
Asked by Baroness Miller of Chilthorne Domer
To ask His Majesty's Government what discussions they have had with the government of Columbia on removing the investor state dispute settlement provisions from any renewed bilateral investment strategy.
Answer
Answered by Baroness Gustafsson, 18 Mar 2025
Following the UK-Colombia Bilateral Investment Treaty’s (BIT) initial ten-year term, in accordance with the treaty’s provisions, it shall remain in force indefinitely unless it is terminated by either Party. The Government has not been formally approached...