Will the Minister detail his discussions with the Chancellor of the Exchequer since the EU Referendum result?
Wales, as a net beneficiary of EU funding, must not lose out as a result of the recent referendum. The case for the £600 million per year which the EU has committed to Wales still stands.
I recently met the Finance Ministers of Scotland and Northern Ireland and the implications of the EU referendum outcome on the devolved administrations were at the forefront of our discussions. We have written jointly to the Chancellor outlining our collective concerns around the EU referendum outcome and the resulting impact on devolved budgets.
I am also meeting the Chief Secretary to the Treasury later this month. I will be clear that the UK Government must guarantee that every penny of EU funding will be replaced.