17 October 2012

EU Single Market Anniversary Celebrations Importance to Wales

Wales First Minister Carwyn Jones today gave a speech where the main message was to raise awareness on how the  EU is so important to Wales, particularly where around 150,000 Welsh jobs depend on the current European Single Market. His speech at Wales Millennium Centre is part of  Cardiff  celebrations on the 20th anniversary of the European Single Market.

In this context Mr Jones states “More than 450 firms from other Member States are located in Wales providing over 50,000 jobs. All too often those who dislike the whole concept of the EU dominate the debate on its future. We in Wales must never forget that the European Single Market has made a massive impact on the long-term prosperity in Europe. It allows us to have the capacity to travel freely, to settle and work where we wish. Young people now have the opportunity to study abroad. European consumers now have more choice at lower prices. Vitally, it has opened up access to 500 million consumers and generated foreign investment."

Between 2007 and 2013, Wales has received more than £1.9bn from the EU. As a result, it produced  investment more than £3.2bn for businesses, people, innovation, communities, transport, and the environment.