Part of the debate – in the Senedd at 4:16 pm on 29 January 2020.
It's like receiving advice on poker playing from a bankrupt gambler.
The Labour Welsh Government and Plaid Cymru scaremonger about the forthcoming trade talks with the EU. However, Wales benefits from the clout of belonging to the UK single market and customs union, in which most of the Welsh economy is traded. As a former UK ambassador to both Germany and the US stated last week, missing from so much analysis is awareness that the EU's £94 billion trade surplus with the UK could be put at risk, and gives the UK a massive lever.
The recent Deloitte chief financial officer confidence survey demonstrates the biggest ever jump in business confidence, and Members opposite should stop trying to hammer their confidence. Last week, the International Monetary Fund predicted that the UK economy will grow faster than the eurozone this year, assuming an orderly Brexit and a steady transition to a new relationship, which we all want. PricewaterhouseCoopers's global chief executive officer survey found that European chief executives regard the UK as a key market for growth and investment, rated only behind the US, China and Germany internationally.
The Labour Welsh Government and Plaid Cymru scaremonger about losing EU money when, in reality, this is recycled UK money, and the UK Chancellor has stated that he will use his first budget after the UK leaves the EU to pump £100 billion into infrastructure projects across the UK to help left-behind parts of the UK and unleash the UK's potential.
The First Minister claims that the EU (Withdrawal Agreement) Act enables UK Ministers to amend the Government of Wales Act 2006 without consent from this Senedd. Yet, the UK Conservative Government has made clear that this Act does not enable UK Ministers to amend the devolved settlement and, in fact, will lead to greater powers for the Assembly as policy areas from the EU are passed down to devolved Governments.
As Boris Johnson delivers on his promise to get Brexit done by 31 January, let us build together an outward-looking Wales within a global United Kingdom.