Overseas Investment: Treaties

(asked on 20th June 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the adequacy of mechanisms for parliamentary oversight of the UK's bilateral investment treaties.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 29th June 2016

Treaties, including bilateral investment treaties, that are subject to ratification, approval, acceptance, accession or the mutual notification of completion of procedures are laid before Parliament for scrutiny purposes for a period of 21 parliamentary sitting days under the provisions of the Constitutional Reform and Governance Act 2010 (Part 2: ratification of treaties) which commenced on 11 November 2010. This legislation provides that the UK cannot legally ratify or consent to be bound by a treaty laid under its provisions until the statutory 21 sitting day process has elapsed. During the 21 sitting days, hon Members and Select Committees have the chance to scrutinise the treaty provisions, ask questions, and potentially report. They may ask for extra time. The Constitutional Reform and Governance Act does not guarantee a debate, but any request would have to be seriously considered. If Parliament debated and resolved that HMG “shall not ratify”, then the latter could not legally do so at that point.

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