Asked by: Harriett Baldwin (Conservative - West Worcestershire)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what is the Department's policy on the use of Investor-State Dispute Settlement mechanisms in future free trade agreements.
Answered by Chris Bryant - Minister of State (Department for Business and Trade)
The UK’s International Investment Agreements aim to enhance opportunities for UK businesses to expand overseas, with commitments that seek to limit the barriers they face, make it easier to navigate local rules, and ensure investments are treated lawfully, and protected against unfair or arbitrary action.
The UK draws on the full range of investment commitments and international best practice in our international investment agreements to promote growth, deliver our clean energy goals, and continue to uphold the UK’s right to regulate and build strong trade and investment relationships.
Asked by: Harriett Baldwin (Conservative - West Worcestershire)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps his Department is taking to expand UK participation in global supply chains for semiconductors and critical minerals.
Answered by Chris McDonald - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
DBT is strengthening UK participation in global critical mineral supply chains by leveraging domestic processing and recycling capabilities, expanding international partnerships through trade agreements and financing tools, and mobilising investment to diversify sources and build resilience.
As part of the Industrial Strategy’s Digital and Technologies sector plan, the Government is prioritising measures to enhance national security and strengthen semiconductor supply chain resilience, while positioning the UK as a trusted global partner. We work with international partners through initiatives such as the OECD Semiconductor Informal Exchange Network and the G7 Point of Contact Group on Semiconductors to develop shared approaches and solutions that improve global supply chain resilience.
Asked by: Lord Risby (Conservative - Life peer)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government how the UK's international sanctions regime has impacted foreign direct investment in the UK over the past three years, and what analysis they have undertaken to assess this impact.
Answered by Baroness Chapman of Darlington - Minister of State (Development)
The Foreign, Commonwealth and Development Office undertakes a pre-designation assessment of the impact of a sanctions designation on the UK economy as part of the decision-making process. The government also publishes impact assessments alongside sanctions-related legislation.
While these assessments seek to be as comprehensive as possible, it is difficult to analyse the direct impact of sanctions on foreign direct investment (FDI), given the complex mix of factors that affect FDI, including geopolitical tensions, regulatory changes, and trade agreements.
Asked by: Freddie van Mierlo (Liberal Democrat - Henley and Thame)
Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment she has made of the potential impact of deforestation regulations under the Environment Act 2021 on smallholder farmers; and what steps the Government is taking to ensure that those farmers are not disproportionately excluded from UK supply chains, including through the (a) provision of support, (b) training and (c) more equitable terms by UK companies and the Government.
Answered by Mary Creagh - Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)
The Government recognises the need to prevent UK consumption of forest-risk commodities from driving deforestation while minimising impacts on low-income smallholder farmers in the Global South.
We acknowledge their vital role in producing essential commodities and safeguarding forests. Through programmes such as the Official Development Assistance-funded Investment in Forests and Sustainable Land Use and the Forest, Agriculture and Commodity Trade Dialogue, we support sustainable practices, new business models, and international collaboration to reduce exclusion risks.
We remain committed to working with partners globally to build climate-resilient, nature-positive communities and will set out our approach to addressing forest-risk commodities in due course.
Asked by: Martin Rhodes (Labour - Glasgow North)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what review processes does the Government have in place to assess the adequacy of its trade and investment treaty commitments for the UK-Russia Bilateral Investment Treaty.
Answered by Chris Bryant - Minister of State (Department for Business and Trade)
The UK’s International Investment Agreements (IIAs) aim to enhance opportunities for UK businesses to expand overseas, with commitments that seek to limit the barriers they face, make it easier to navigate local rules, and ensure investments are treated lawfully, and protected against unfair or arbitrary action. There is no specific review process within this Agreement.
Asked by: Lord Risby (Conservative - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what assessment they have made of the need for a coordination service to assist new international investors; and what steps they are taking to deliver this.
Answered by Lord Stockwood - Minister of State (HM Treasury)
The Government has established the service described. It is the Office for Investment (OfI), a joint unit of HM Treasury, the Department for Business and Trade, and Number 10 Downing Street. The OfI was launched in its current form in June 2025, with a remit to source and secure transformational investment that drives economic growth, job creation, and increased productivity across the UK. The OfI operates as a central government function, working across departments and with external partners to attract and land high-value, strategic investments into the UK.
Asked by: Dan Norris (Independent - North East Somerset and Hanham)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what fiscal steps her department is taking to minimise barriers for international firms to invest in the UK.
Answered by Lucy Rigby - Economic Secretary (HM Treasury)
Restoring sustainable, long-term economic growth remains the number one priority of this government. This is the foundation for the prosperity that families throughout the UK expect, and it is essential to creating the conditions that attract investment across sectors such advanced manufacturing, clean energy, and digital technologies.
The UK continues to champion free trade and global investment. We are supported by over 70 international trade agreements and have more than doubled the government’s budget headroom, strengthening our resilience and capacity to respond to future challenges. Our stable fiscal framework and pro‑investment tax system give international firms the confidence to invest. Consistent with the commitments set out in the 2024 Corporate Tax Roadmap, the government is maintaining the elements of the UK’s corporate tax offer that matter most for new investment:
The UK is also an attractive location for groups to locate their headquarters or holding companies, offering broad exemptions for gains on disposals of substantial shareholdings and a broad exemption for dividends paid to UK companies. There are also limited withholding taxes on outbound payments such as dividends, interest and royalties.
These measures are delivering results. We are set to be the second fastest growing economy in the G7 this year; PWC last year named the UK as the second most attractive country for investment in the world among CEOs, behind only the US and since coming into government we have seen companies from across the globe commit over £325bn worth of private investment into the UK.
Asked by: Manuela Perteghella (Liberal Democrat - Stratford-on-Avon)
Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the potential implications for her strategies on trade, inward investment and international partnerships of the finding in the British Council’s Global Perceptions 2025 report on trust in the UK.
Answered by Chris Elmore - Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)
We welcome the latest edition of the British Council's Global Perceptions report, and we will take into account its insights across a range of different areas when shaping the substance and communication of the UK's foreign policies over the year ahead.
Asked by: Martin Rhodes (Labour - Glasgow North)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 18 November 2025 to Question 89908 on Trade Agreements: Dispute Resolution, what assessment has the Government made of the likely costs of defending the arbitration being brought against it by Mikhail Fridman.
Answered by Chris Bryant - Minister of State (Department for Business and Trade)
Investor State Dispute Settlement (ISDS) provides an independent means for investors to resolve disputes with states where they believe they have experienced arbitrary, discriminatory, or unfair treatment or expropriation without compensation.
The UK has a longstanding track record of supporting foreign investment, including through fulfilling its obligations in the international investment agreements to which it is a party and has never faced a successful ISDS claim.
The Government maintains that it has acted consistently with domestic and international law obligations in the case of the legal challenges. In view of the ongoing proceedings, it would be inappropriate to comment further.
Asked by: Martin Rhodes (Labour - Glasgow North)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment has the Government made of its overall exposure to further potential Investor-State Dispute Settlement cases over sanctions policy on Russia.
Answered by Chris Bryant - Minister of State (Department for Business and Trade)
Investor State Dispute Settlement (ISDS) provides an independent means for investors to resolve disputes with states where they believe they have experienced arbitrary, discriminatory, or unfair treatment or expropriation without compensation.
The UK has a longstanding track record of supporting foreign investment, including through fulfilling its obligations in the international investment agreements to which it is a party and has never faced a successful ISDS claim.
The Government maintains that it has acted consistently with domestic and international law obligations in the case of the legal challenges. In view of the ongoing proceedings, it would be inappropriate to comment further.