Stuart Andrew
Main Page: Stuart Andrew (Conservative - Daventry)Department Debates - View all Stuart Andrew's debates with the Wales Office
(12 years, 7 months ago)
Commons Chamber1. What discussions she has had with ministerial colleagues and others on marketing Wales as a destination for foreign business investment.
3. What discussions she has had with ministerial colleagues and others on marketing Wales as a destination for foreign business investment.
I have regular discussions with ministerial colleagues and others on marketing Wales as a destination for foreign business investment. The recent Select Committee on Welsh Affairs report on inward investment in Wales highlighted a number of important issues, and we are committed to closer joint working with the Welsh Government to deliver more inward investment to Wales.
I am grateful to my right hon. Friend for that answer. One of the best ways to improve foreign investment in Wales is for the UK and Welsh Governments to work more closely together. Does she regret the apparent unwillingness of the Welsh Business Minister to do just that?
As the Welsh Affairs Committee has made clear in the inquiry into foreign direct investment, co-operation between both Governments is considered essential to marketing Wales and for potential investors. However, as economic development is devolved and led by the Labour Government in Wales, I share my hon. Friend’s disappointment that the Business Minister did not give evidence to the Committee. I hope that we can develop a more mature attitude, as FDI projects in Wales have diminished over the years and we need to get them back up, so that we are competing effectively.