Welsh Secretary Alun Cairns has issued a statement aimed at calming the fears of Welsh businesses and other organisations affected by Britain's decision to leave the European Union. He emphasised that there will be no sudden change, as the UK remains a full member of the EU for now and European projects currently underway are not affected.
The voters of Britain have made their wishes clear and we respect that decision. We must show confidence in our resilience and work together in the most effective way during this transitional period.
Of course there are going to be challenges. Funding and support will inevitably be delivered in different ways in the future. This week I am meeting leaders from business, the unions, agriculture, universities and many other areas to understand their priorities and discuss how I can address their concerns. I am also talking to the UK trade and industry department about trade opportunities for Wales beyond Europe.
The Welsh economy is in robust form because the UK Government fixed the roof when the sun was shining. The jobs market in Wales is outperforming the rest of the country and we have an increasingly dynamic business sector.
The business of Government goes on and the priority is to ensure the UK is in the best possible shape for when the new Prime Minister begins the formal process of leaving the European Union.
I have absolute confidence in our great nation and I will ensure that the voice of Wales is clearly heard right at the heart of Government as we take our next steps in this momentous process.
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