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HM Treasury written question – answered on 27th July 2017.

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Photo of Lord Wigley Lord Wigley Plaid Cymru

Her Majesty's Government what plans they have developed to ensure that, following Brexit, funding which has previously been supplied to Wales through European Structural Funds will be fully replaced with UK Treasury funds.

Photo of Lord Bates Lord Bates The Minister of State, Department for International Development

The government has announced a number of guarantees for EU funding. These include European structural and investment fund projects signed before the UK leaves the EU, awards made by the European Commission following competitive bid processes, and maintaining the current level of agricultural funding under CAP pillar 1 until 2020.

Beyond these priorities, decisions on the replacement of EU funding will be taken in light of wider UK strategic priorities and other domestic spending decisions. For example, as set out in our manifesto, the government will continue to commit the same cash total in funds for farm support until the end of the parliament, and will create a new UK Shared Prosperity Fund.

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