Colombia: Overseas Investment

Foreign, Commonwealth and Development Office written question – answered am ar 4 Ebrill 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Baroness Coussins Baroness Coussins Crossbench

To ask His Majesty's Government what plans they have to continue with the Colombia–UK Bilateral Investment Treaty after October 2024; and, if it is continued, what plans they have to increase protections for (1) human rights, and (2) the environment.

Photo of Lord Ahmad of Wimbledon Lord Ahmad of Wimbledon Minister of State (Foreign, Commonwealth and Development Office)

I regularly raise human rights issues, as well as specific cases of concern with the Colombian Government. The UK-Colombia Bilateral Investment Treaty plays an important role in supporting the investment relationship between the UK and Colombia by protecting investors from arbitrary, discriminatory, and unfair treatment, as well as expropriation without adequate compensation. The UK is content with the standard of protection that it currently provides to investors of both the UK and Colombia. Colombia is a Human Rights Priority Country for the British Government and we actively engage with civil society through regular channels regarding our human rights concerns.

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