<p>Welsh Supply Chains</p>

Part of 1. 1. Questions to the First Minister – in the Senedd at 1:30 pm on 20 June 2017.

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Photo of Steffan Lewis Steffan Lewis Plaid Cymru 1:30, 20 June 2017

The Chartered Institute of Procurement and Supply has recently concluded an extensive survey of businesses in the UK and on the continent in light of the EU referendum last year, and it found that nearly half of continental businesses expect to reduce their use of UK suppliers. The survey also found that 65 per cent of UK businesses have seen their supply chains become more expensive as a result of the weaker pound, and nearly a third are renegotiating some contracts. The Irish Government, although, of course, Ireland’s staying within the European Union, has pre-empted the potential risk to supply chains as a result of Brexit. I wonder if the First Minister would agree to convene a summit of Welsh supply businesses, and consider and explore the possibility of establishing a business loan scheme to support Welsh supply chains through the coming two years of great uncertainty to them?