<p>World Trade Organization Rules</p>

Part of 2. 2. Questions to the Counsel General – in the Senedd at 2:20 pm on 14 June 2017.

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Photo of Mike Hedges Mike Hedges Labour 2:20, 14 June 2017

Thank you for that answer. Excluding agriculture, the devaluation of the pound can remove the problem of financial tariffs. Does the Counsel General agree with me that the rules imposed, and making sure that the World Trade Organization rules are being met, is really a far greater problem than a 5 per cent or 10 per cent tariff, which further devaluation can put right? Actually meeting the rules and having to go through all the checks is going to be a greater problem for Welsh industry and Welsh exporters than having the tariffs themselves.