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Written question asked by Alex Burghart (Conservative) on Thursday, 10 September 2026, in the House of Commons. It was due for an answer on Monday, 14 September 2026. It was answered by Uma Kumaran (Labour) on Friday, 18 September 2026 on behalf of the Foreign, Commonwealth and Development Office.


Chagos Islands: Sovereignty

Question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the the potential impact of the change in the social time discount rate announced on 7 September 2026 to the total cost of the Chagos deal over the 99 year period.

Answer

The value of payments under the UK-Mauritius Agreement were set out by the UK government at the time of signature and have not changed. What has changed is the Social Time Preference Rate applied in the calculation of the forecast net present value, which applies to all long-term government investments of this nature. The forecast real value of payments under the treaty remains £101 million per annum in today's money.


Secondary information

Type
Written question
Reference
28799
Session
2026-27
Transferred
Yes
Subjects
Finance Mauritius Sovereignty Chagos Islands
Contains statistics
Yes
Link
View this Written question on www.parliament.uk