6. Welsh Conservatives Debate: Free ports

Part of the debate – in the Senedd at 4:52 pm on 8 February 2023.

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Photo of Joyce Watson Joyce Watson Labour 4:52, 8 February 2023

Yes, well, there we are. That was that version; this is going to be this version. The point here is quite clearly that I am extremely sceptical of free ports. I don't uphold this idea of free trade in the way that you're describing, and I would ask people to think about who is wholesale behind this. I'm sure that some of us can remember Liz Truss, I'm sure some can remember Kwasi Kwarteng, and I'm sure they can remember the crash to the economy, because those are the types of people who are behind this libertarian right-wing think tank and this disastrous mini budget that we're still now footing the bill for. I'm sure you can remember the sterling crisis, the turmoil on the bond market, the pension funds, the central bank intervention, the mortgage rate hikes. Those are the sorts of people that support this type of bid.

So, it doesn't matter how you package it up, and I'm sure that we've heard some and we'll hear more, free ports represent low tax, low regulation, limited Government ideology and a race to the bottom stuff. So, it's wrong, the wrong answer, of course—and we did hear Brexit, amazingly—it's the wrong answer to the Brexit problem that was created by this right-wing Government.