Welsh Secretary David Jones has told ITV Wales politics programme Sharp End that there will be news 'within weeks' of 'a start in finding a way forward' to funding a scheme to relieve the M4 around Newport.
The Welsh Government has made it clear that it does not have the money to pay for the project on its own.
Mr Jones stressed that the idea floated by the Chancellor, George Osborne, of using the toll revenue from the Severn Bridges once the construction costs of the second crossing have been paid off is only one option.
David Jones also spoke of the 'historical paralysis' in tacking cross border road schemes and mentioned the 'north-south road that's partly in England'.
The A483 crosses the Powys-Shropshire border at Llanymynech, where the Welsh Government and the Department for Transport have failed to agree on who should pay for a by-pass, leaving almost constant heavy lorry traffic through the village.