Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the cost of underwriting EU projects in Wales that extend beyond the UK's period of membership of the EU.

The potential cost of the Government’s guarantee of EU projects in Wales will be subject to a number of factors. These include the outcome of the negotiations and the outcome of bids made directly to the Commission. Departments and devolved administrations are focusing on ensuring the guarantee will be administered if necessary.