Oral Answers to Questions

Elfyn Llwyd Excerpts

Wednesday 17th October 2012 Commons Chamber

[Mr Jones]

It is true that under the Welsh Development Agency, Wales was regularly the most important destination for inward investment, but I support both Governments working closely together to continue to attract inward investment into Wales.

[Mr Elfyn Llwyd (Dwyfor Meirionnydd) (PC)]

I warmly associate myself and my colleagues with the right hon. Gentleman’s remarks regarding Dyfed-Powys police and all the emergency services which are looking for little April Jones. I also congratulate the Secretary of State and the Under-Secretary on their appointments.

What assessment has the right hon. Gentleman made of the loss to Wales of inward investment since the disappearance of the Welsh Development Agency brand? Who has the last word on inward investment—this Government or the Government in Wales?

[Mr Jones]

It is clear, as the right hon. Gentleman says, that Wales needs a strong brand in order to promote itself around the world. It is clear also that although economic development is devolved to the Assembly Government, it needs to have the leverage that it will get from UKTI. That is why I am encouraging the Welsh Government to work closely with UKTI.

[Mr Llwyd]

What discussions have the UK Government had with the Welsh Government about the establishment of a dedicated trade promotion agency, either sitting within the Welsh Government or as a private sector vehicle, as recommended by the Welsh Affairs Committee back in February?

[Mr Jones]

I have regular discussions with the Welsh Government about inward investment, and I hope the Welsh Minister for Business is giving consideration to that.