I think the partnership between our two countries extends, of course, beyond economic values as well. There are incredibly strong cultural ties between Ireland and Wales, which can deliver great economic benefits as well. I recall speaking with the President of Ireland a few years back about how we could utilise the Year of the Sea for the purpose of, potentially, a cultural crossing to not just promote our respective cultures, but also to drive visitors to and from Ireland and Wales. I think there are huge, huge potential opportunities—which can be had in spite of leaving the EU—to grow and develop our economies, which are often based on mutual interests. I do believe that there are opportunities for further investment in Wales by Irish investors, particularly in higher quality and higher GVA areas of economic activity—for example, in the life sciences sector.

In terms of ports, the development fund that is being made available for Welsh ports will be important, as will direct engagement between Welsh Government, local authorities, and also the ports themselves. I recently took part in a panel discussion with representatives of Welsh ports, and there is no doubt that, whilst there is trepidation concerning Brexit, there are also opportunities. We need to maximise those opportunities and ensure that we all work together to overcome the barriers and the challenges that Brexit will face. In terms of our ability to attract further foreign direct investment, of course Brexit will pose a challenge; we know that. But we’ve recorded, in recent years, record high—or near-record high—levels of foreign direct investment. We would hope to be able to maintain a good interest by foreign investors in the Welsh economy, but it’s also my intention to place a sharper focus on the potential growth of our economy, based on inward investment from England and Scotland, Northern Ireland, and also, of course, the growth in our existing companies, to ensure that they can be de-risked from growth and they can maximise on their potential.