Well, I regret the tone of complacency and Pollyanna-ish optimism that the Member brought to his questions. If he thinks that an economy that is 2 per cent smaller than it would have been otherwise is anything other than bad news for the people of Wales, then he's going to find not many people in Wales are going to agree with that perspective, because whilst we talk about things in this Chamber as percentages and statistics, outside this Chamber those are jobs and livelihoods and welfare, and the complacency that he brought to his remarks I found shocking.

He rests—[Interruption.] He rests his entire argument on the view that exports will continue and they'll flourish as they are. We know that Welsh exporters are working very hard. We know that export levels are up. We know, in fact, that export levels to the EU are up faster and from a higher base, which is the tragedy of the model that he's describing here for us today. No-one in this Chamber has any experience of living in a UK that has run an effective independent trade policy, because we haven't for decades.

And Liam Fox, who I know he's a great fan of, not least in his prognosis about the opportunities that we all have to enter into a nirvana of free trade outside the European Union, has already said that he thought we would be able to replicate 40 or so of the EU free trade agreements before we leave the European Union, so there would be no disruption to trade. Well, we know that by the end of last week, since 2016, only one mutual recognition agreement with Australia had been signed. So, on that run rate, he needs to sign four a week for the next period before we leave the European Union. He has said, 'We are ready', he says of the UK Government

'but that a number of countries...are unwilling to put the preparations in'.

If that doesn't sound like a completely impotent international trade Secretary, it is not the model of self-confident, global—. And I don't think he's even claiming they'll all sign—[Interruption.] He's not—