§ Baroness Denton of Wakefieldasked Her Majesty's Government:
What discussions they have had with the International Monetary Fund on how their policy in Korea affects investment in Northern Ireland; and what was the outcome of any such discussions. [HL391]
§ Lord McIntosh of HaringeyThere have been no specific discussions between Her Majesty's Government and the International Monetary Fund on the impact of policy towards Korea on investments in Northern Ireland. The UK fully supports the IMF programme for South Korea, which should help restore that country to a healthy growth path. Economic recovery will boost Korean overseas investment, including that which is directed towards Northern Ireland and the rest of the United Kingdom.