§ Lord Kennetasked Her Majesty's Government:
Whether they intend that speculators, however defined, should not benefit from a Multilateral Agreement on Investment. [HL1281]
§ The Minister of State, Department of Trade and Industry (Lord Clinton-Davis)The intention of the Government—as of our negotiating partners—is that all investors should be entitled to the benefits and subject to the obligations of the MAI.
§ Lord Kennetasked Her Majesty's Government:
What measures are being proposed to ensure that the administration of a Multilateral Agreement on Investment is conducted along principles of democratic accountability. [HL1282]
§ Lord Clinton-DavisAdministration of the agreement will be the responsibility of a Parties Group, consisting of representatives of all Contracting Parties' governments, which will in turn be accountable under their national constitutions in the usual way.