EU vital to UK’s economic success – First Minister
"Let me be clear – the UK and Wales’ continued membership of the EU is vital for our economic success. It gives us access to the biggest single market on earth and Wales’ membership is central to what we can offer inward investors."As we strive for economic growth following the deep global recession, anything that puts a question mark over our membership of the EU is a mistake. Such an uncertain future for the UK in Europe could put a break on potential inward investors. The last thing we need as a country is uncertainty. Governments of all levels should be focusing their efforts on the drive for jobs and growth, not engaging in renegotiations with Brussels."The inescapable truth is that as far as Wales is concerned, companies from outside of the EU establish a presence in Wales for the prime purpose of accessing the vast European market. If Wales and the UK were not in the EU, this prime purpose would disappear and that investment and those jobs would go elsewhere."Uncertainty over our membership will create years of instability and marginalisation just at the time when both Wales and the UK need stability, growth and influence."In addition, this uncertainty will hinder Wales’ and the UK’s ability in the near future to influence and shape EU policies that are beneficial to our communities."Undoubtedly, the Prime Minister’s speech has constitutional repercussions for the UK itself. It plays into the hands of those who want to break up the United Kingdom. Having a crude and unnecessary in/out referendum, sends out confusing signals to the Scottish people about the UK’s continued membership of the EU. As a consequence, this speech will have a destabilising effect on the future of the United Kingdom at a time when we can ill-afford it."At this crucial juncture, this speech and the path it lays out is an unwelcome distraction from what we should be doing - concentrating all our efforts on creating jobs and growing the economy both in the UK and in Wales."The Prime Minister’s position also raises questions about the ability of the UK Government to effectively represent Wales’














