Context
After the UK's departure from the EU, Wales has suffered an economic loss of £4 billion with a decline in trade by £1 billion. Additionally, Wales has lost £1 billion in European structural and development funding.
Question
What assessment she has made of the potential impact of the UK’s departure from the EU on the economy in Wales? The Welsh economy suffered by £4 billion, trade has gone down by £1 billion and Wales has lost £1 billion in European structural and development funding. When will the Secretary of State stand up to her Westminster masters and finally do something in the interests of the people of Wales?
Answer from The Secretary of State for Wales (Jo Stevens)
We are negotiating a new partnership with the EU and believe that securing a broad-based security partnership, bringing closer co-operation on law and order and tackling barriers to trade will boost our economies, keep us safe and improve families’ finances. Since coming into government, I have worked with UK and Welsh Government colleagues to drive more than £1.5 billion in private investment into Wales from the likes of Eren Holding and Copenhagen Infrastructure Partners, creating hundreds of jobs and laying the groundwork for thousands more.
Not addressed: The Secretary did not directly address the economic impacts mentioned by the SNP MP but focused on potential benefits from new partnerships.
How: Warm Words
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