Part of 1. Questions to the First Minister – in the Senedd at 1:40 pm on 18 September 2018.
The difficulty is, of course, the lack of detail as to how the fund will operate: how much money there'll be in the fund, for example; whether it'll be a fund where there will be a bidding process, which, of course, would cut across devolution; whether it will operate in the same way as the current European funds operate. In the absence of that detail, of course, it's difficult to put forward proposals as to how that fund might operate in Wales, but I can say that the finance Secretary is scheduled to deliver an oral statement next month, which will set out the next steps for the development with stakeholders of a regional policy post Brexit.