The UK’s post-Brexit approach to international trade agreements is being watched closely by business, political and legal observers. To date the UK’s most significant concluded agreement, in both economic and political terms, is the UK-EU Trade and Cooperation Agreement (TCA) itself. The UK is the second largest source of foreign investment in Australia after the US, with 2020 total investment stock estimated at AU$738bn (£390bn) including AU$123bn (£65bn) in foreign direct investment (FDI). Australian foreign investment in the UK was valued in 2020 at £326bn (AU$615bn) including £71.5bn (AU$135bn) FDI.
In a recent article, Gordon Nardell QC provides an analysis on the investment protection and dispute settlement aspects found in the AIP. This article was first published by Lexis®PSL on 17/08/2021.