Impact of post-Brexit trade on Welsh economy explored
13 March 2018
The Welsh Affairs Committee explores what impact different trading relations with EU and non-EU countries will have on the Welsh economy.
- Watch Parliament TV: Brexit: Agriculture, Trade and the repatriation of powers
- Inquiry: Brexit: Agriculture, Trade and the repatriation of powers
- Welsh Affairs Committee
In 2016 Welsh exports were worth just over £14.6 billion. Of this, £8.85 billion went to EU member states, with £5.15 billion going to non-members. These exports covered a wide range of sectors, with machinery and transport equipment particularly valuable areas.
In this session, the Committee questions Professor Perdikis, Professor of International Business at Aberystwyth University, on the impact of the UK's future trade policy on the Welsh economy, the differing priorities within Welsh export sectors, the importance of imports to the Welsh economy, and how the various options for the UK's future trade policy could impact the Welsh economy as a whole.
Tuesday 13 March, Thatcher Room, Portcullis House
- Professor Nicholas Perdikis, Professor of International
Business, Aberystwyth University
Ahead of the session, Committee Chairman David T.C. Davies MP said:
"Having heard from a number of key Welsh sectors during our inquiry, the Committee will now focus on the future changes to the UK's trade policy as a result of Brexit could impact on the Welsh economy as a whole.
There are a number of scenarios on the table when it comes to future trading relations with EU and non-EU member countries, and we look forward to hearing from Professor Perdikis about what these could mean for Welsh imports and exports."
Image: Creative Commons CC0