The SNP has concerns that UK international investment policy has not kept pace with commitments on human rights, the environment and international development. Most especially that the formulation of existing Bilateral Investment Treaties may prevent partner countries from implementing policies to further progress in those areas. Furthermore, we think that the process for parliamentary scrutiny in the UK is inadequate.
My SNP colleagues and I wish to see the Secretary of State for International Trade to undertake a full rethink of the UK’s approach to international investment protection, including working towards the removal of Investor State Dispute Settlement mechanisms from these treaties and to ensure Parliament has the fullest opportunity to debate, vote on and amend trade and investment deals.
I will be happy to add my signature to EDM 642 and please rest assured that I will continue to take an interest in this matter in Parliament.