Free Ports

Part of 1. Questions to the Minister for Economy – in the Senedd at 2:09 pm on 7 July 2021.

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Photo of Vaughan Gething Vaughan Gething Labour 2:09, 7 July 2021

I should start by saying that, as we don't have a firm proposal, we don't have a proposal to work with. We have written to the UK Government, the previous Minister has written, and myself and the finance Minister will be writing again, ahead of our meeting with the Welsh Affairs Select Committee tomorrow, to set out, again, the parameters in which we are prepared to work with the UK Government to look at a free port in Wales. One of those points is funding parity. This isn't something where a Barnettised share should be provided; this is a place-based intervention, and the same funding given to any free port in England should come to any free port in Wales. I should gently say to the Member that Holyhead is one port that may wish to bid to be a free port, because, actually, what the UK Government have done is they've undertaken a competitive bidding process. Now, part of my concern is that you could end up—. Already we're seeing some activity taking place in getting ready to bid for a process that we don't understand, that isn't actually live yet, and there'll be wasted resources in doing so, because other ports would be interested in bidding to do that as well. And our challenge then is, if we were going to do this, we do want to understand more clearly about whether we genuinely create more activity or displace activity that is already taking place.

It is, of course, a matter of fact, not opinion, that free ports already existed when we were members of the European Union; it was Prime Minister Cameron who ended the free ports existing in the UK in 2012. So, it's not a new idea. And actually, what we really need is direct engagement with the Treasury, because it's a Treasury-driven project. It's something that the Chancellor of the Exchequer is very personally wedded to, and he's perfectly entitled to have individual areas of interest that he wants to see happen, but, for a free port, there has to be proper engagement with the Welsh Government as decision-taking Ministers here with the decision-taking Ministers in the UK Government to make sure we understand what we are being asked to commit to and what the full offer actually looks like. And I would like to be able to have a more detailed discussion with the Member and others, but I'm not able to do so, because, as I say, we don't have a proper offer to engage with.