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Written question asked by Lord Alton of Liverpool (Crossbench), in the House of Lords. It was answered by Lord Drayson (Labour) on Tuesday, 16 October 2007.


Sudan: Trade

Question
asked Her Majesty's Government:What has been the overall level of trade between the United Kingdom and Sudan each year, for the past five years; and to what extent pension funds controlled by the Government have been divesting from businesses that support the Government of Sudan.
Answer
Trade with Sudan (£m)
2002 2003 2004 2005 2006
UK Exports 70.8 88.8 91.6 139.7 155.1
UK Imports 7.8 6.3 14.2 18.1 10.0
Source: HM Revenue and Customs

The majority of public service schemes are unfunded schemes, which means that they do not have pension funds to invest. The Local Government Pension Scheme is a funded scheme: investment decisions taken by local authorities with responsibilities for the management and investment of pension funds within this scheme are a matter for those individual authorities acting within a statutory framework—the Local Government Pension Scheme (Management and Investment of Funds) Regulations 1998.


Secondary information

Type
Written question
Reference
5155; 695 c49-50WA
Session
2006-07
Subjects
Exports Imports Public sector Overseas investment Pension funds Sudan
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk