Colombia: Trade Agreements

(asked on 17th March 2025) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what recent discussions he has had with his counterpart in Colombia on the potential renewal of the UK-Colombia Bilateral Investment Treaty.


Answered by
Catherine West Portrait
Catherine West
Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)
This question was answered on 20th March 2025

The Government has not been formally approached by the Colombian government about proposals to amend the UK-Colombia Bilateral Investment Treaty (BIT). The Government regards the UK-Colombia BIT as playing an important role in the investment relationship between our two countries. The stock of total investment between the UK and Colombia was £6.8 billion in 2023. Following the UK-Colombia BIT's initial ten-year term, in accordance with the treaty's provisions, it shall remain in force indefinitely unless it is terminated by either Party.

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