Part of 1. 1. Questions to the Cabinet Secretary for Economy and Infrastructure – in the Senedd at 1:49 pm on 29 March 2017.
It’s gratifying to hear that the Cabinet Secretary is engaging with Irish politicians. Could I urge him, in further discussions that he’ll have, to learn from some of the tools and tactics that the Irish themselves have adopted? The Irish Government has recently, for example, published a designated trade strategy. Wales doesn’t have, at the moment, a specific trade strategy. It sets out a targeted, regional approach for Asia, for the middle east, and Africa—key sectors where there are particular opportunities identified. It’s a whole-of-Government approach, which also incorporates other bilateral relationships, including education, culture and development aids, et cetera.
Now, the Cabinet Secretary will be aware that the most recent export statistics show that, even though Wales has a healthy trade surplus influence with the EU, we have a £3.7 billion deficit with the rest of the world, and that’s going to be a key market, obviously, post Brexit. We need a strategic approach from the Government, but we also need a sense of urgency. The Irish Government have already, through Bord Bia, created a Brexit barometer to help businesses assess how ready they are for the threats and opportunities that Brexit represents. As well as offering a similar barometer for Welsh business, perhaps the Government might want to sit the test themselves, because, compared to the Irish, I’m afraid we are currently wanting in the level of planning and preparedness for the biggest economic challenge that any of us have ever faced.