Questions Without Notice from Party Spokespeople

Part of 1. Questions to the Minister for Economy and Transport – in the Senedd at 1:51 pm on 2 October 2019.

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Photo of Ken Skates Ken Skates Labour 1:51, 2 October 2019

I'm more concerned with the UK economy rather than the German economy. The German economy has been referred to as a low-growth economy. I always struggle with the idea of a low-growth economy being a poorly performing economy if that low growth is sustainable. It's my firm belief that we shouldn't be chasing, as Greta Thunberg recently put it, this fairytale of eternal high growth. Growth has to be sustainable. And if you look at the market of the EU, it's still a market to which we send the majority of our exports; it is a sustainable market for the UK to be part of. So, whilst we can become obsessed with other economies around the globe, let's just look at our own and focus on what we can do to improve the UK economy and the Welsh economy. We have certain levers here in Wales to improve the Welsh economy, but, ultimately, the UK Government must decide on a course of action that will benefit the economy of Wales and the UK, and that course of action will not lead to any net benefits if the UK Government decide to drive us off a cliff at the end of October.