Can I thank the Minister for his statement this afternoon? The creation of regional frameworks in December was an important step forward in recognising the economic value of individual regions and also provides the opportunity to build for the future by harnessing the potential of regions in different sectors and industries. For example, in south-west Wales, sectors like tourism, agriculture and energy are areas of strategic importance that provide opportunities for growth, and, through the development of a regional framework, labour market resilience can be built and best practice embedded through the supply chain. Of course, each framework reflects the distinct opportunities for each region but also addresses some of the particular challenges that those regions face in terms of skills, infrastructure development and connectivity. Key to the success of the frameworks is ensuring the frameworks partners work collaboratively to develop the right skills bases for their future workforce. So, I'd be grateful if the Minister could tell us what work has already been done alongside the regional skills partnerships to develop those skills bases and ensure they're aligned to each region's economic development priorities.

Strategic collaboration is essential in maximising regional economic growth, and it's important that local stakeholders feel that they can input to these particular frameworks. High-street businesses, home-based businesses, sole traders and others must all have buy-in to these frameworks so that the voices of those on the front line are actually heard. Now, I appreciate that some collaboration has already taken place in certain places, as mentioned in his statement, but perhaps the Minister could tell us what work is being done to ensure that businesses are consulted in each region and are part of the initiatives that are actually taking place in each region. 

I'm pleased to hear that the Welsh Government is extending the funding for Business Wales until March 2025, and the Minister is right to highlight the support that the service offers. The Minister will be aware that some business organisations have called for Business Wales to include an advice line on sustainability and decarbonisation, and so perhaps the Minister could tell us what discussions he and his officials have had with Business Wales about providing support to businesses in this particular area. 

Now, today's statement refers to the city and growth deals and the good inter-governmental work that has been done to facilitate regional economic growth. The three-way investment agreements between the Welsh Government, the UK Government and local authorities are another important vehicle in providing regions with the funding to drive economic growth in their areas. Of course, the city and growth deals need to be continually reviewed to test and measure their effectiveness, and so I'd be grateful if the Minister could tell us a bit more about how that work is taking place so that we can ensure that they are still effective and not, for example, increasing bureaucracy. 

Today's statement also mentions the levelling-up agenda and the shared prosperity fund, and, in his usual way, he has vilified the UK Government's approach when it comes to these issues. Now, I share some of his frustrations, but I would simply gently remind the Minister that Wales has two Governments and it's important that both Governments work together in the interests of businesses and in the interests of households across Wales. Now, as the Minister has already said, the city and growth deals and the free-port programme are both examples of where, when Governments work together, progress is made. And I want to assure the Minister that I will continue to do what I can to advocate an approach to regional funding that works with all levels of government across the UK. 

Now, looking to the future, I'm sure the Minister will accept the need to do more to invest in emerging technologies, particularly in the fields of energy production, sciences and medicine, and computer technology. Indeed, each of the regional economic frameworks recognises the importance of academic and research capability, and I can't stress how important it is that the Welsh Government prioritises research and innovation funding, going forward. Therefore, perhaps the Minister could provide an update on the Welsh Government's position in relation to funding for research and innovation and what plans it has to increase funding into emerging technologies. 

Dirprwy Lywydd, the Minister is right to highlight the extremely challenging backdrop that businesses and households are facing. That's why it's even more important that the Welsh Government creates the right conditions for businesses to generate better quality, higher paid jobs and other employment opportunities. There are several key issues that are found in all of the regional economic frameworks, including the need for infrastructure improvements, creating the right skills bases, and strengthening the foundational economy to build resilience in the regional economy. It's vital that the work being done to develop and support regional economies in Wales aligns with the Welsh Government's economic priorities and policies. For example, the frameworks could recognise the role that enterprise zones can play in supporting regional economies, too. So, I hope the Minister will give us an update on the work of enterprise zones across Wales and tell us a bit more about how they operate alongside other regional economic programmes, so that we can gain a clearer picture of how the Welsh Government's regional economic ambitions are working in practice and better understand their governance and delivery.

So, in closing, Dirprwy Lywydd, can I thank the Minister for his statement today and say that I support his efforts to facilitate a place-based model of economic development where there's buy-in from local partners? I look forward to hearing more about this work in due course. Thank you.