Recommendation 8

In contrast, a ‘No deal’ scenario would result in tariffs when exporting Welsh goods to the EU. This could have a more negative effect on key sectors of the Welsh economy compared to the rest of the UK. We are deeply concerned about the impact of a no-deal scenario on industries in Wales that are heavily reliant on exports to the EU such as manufacturing, agriculture and services. We do not accept that a no- deal would be a ‘good outcome’ for Wales and that a so-called ‘Australian style deal’ is almost as good as the deal the UK is trying to strike with the EU.