Analysis of the UK-Colombia Bilateral Investment Treaty
A briefing note from Traidcraft Exchange on the Bilateral Investment Treaty (BIT) between the UK and Colombia, ratified by the UK in July 2014.
This note argues that the treaty:
- Threatens the ability of Colombia to regulate in the public interest, including on human rights, and does not offer safeguards for the inclusion of Investor-State Dispute Settlement (ISDS) provisions;
- is contrary to current UK commitments on human rights and the UNGPs, and
- places the UK in danger of inconsistency with its current commitments to Colombia on human rights and the UNGPs