Whatever the shape of Wales’ future relationship with the EU – we remain open for business and will work harder than ever to be a proactive and collaborative nation, determined to maintain and evolve European trade relationships and grow international inward investment. A number of robust measures are already in place to support and guide businesses through this period of transition.
Internationally the Welsh Government will continue to encourage trade and investment links through our expanded network of 21 international offices. The UK government has published several technical notices about how importing and exporting would change in the event of UK exit.
During 2019/20 we are also supporting a number of Trade Missions, to ensure that our relationships with other nations and regions remain strong and continue to strengthen.
For businesses within Wales, a comprehensive range of Welsh Government support has been made available through Business Wales to help all firms regardless of size to meet the challenges of the post-Brexit economic environment. Also our Business Wales Export Zone provides a wealth of information and advice about exporting. We know that the issues will differ from company to company and are therefore making every effort to ensure businesses have access to high-quality intelligence; technical information and advice.
In 2017, as a direct response to concerns facing businesses, Welsh Government launched The Development Bank’s £130 million Wales Flexible Investment Fund offering business loans of up to £5 million in a single round and repayment terms of up to 10 years.
If you have questions about establishing operations in Wales or trading with Wales – please call 03000 6 03000 or visit our contact page.