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Wales freeport announcement could be made shortly says levelling up minister Michael Gove

Welsh and º£½ÇÊÓÆµ governments had been at loggerheads over freeports but 'fruitful negotiations' could now secure a deal

Holyhead port (Image: Ian Cooper/North Wales Live)

A Wales freeport could be announced shortly according to º£½ÇÊÓÆµ levelling up minister Michael Gove.

º£½ÇÊÓÆµ and Welsh governments have been at loggerheads over freeports in Wales with rows about who will pay and how they will operate.

Welsh Government had previously said they were being shortchanged with a Wales freeport securing less funding than those in England.

But now a deal could be imminent according to Mr Gove in a move welcomed by Ynys Mon MP Virginia Crosbie.

However Welsh Government said it wasn’t commenting at this stage but referred back to a previous statement that said: “At present no formal offer has been presented to the Welsh Government on a proposed Welsh Freeport.”

º£½ÇÊÓÆµ Government has named eight English freeports where goods could be imported, manufactured, and exported again without facing standard tariffs or requiring normal customs checks.

Supporters say it will boost the economies of local areas but critics warn they would simply displace existing firms and employment and act as tax havens.

Mr Gove told the House of Commons today: “I can confirm that we have had very fruitful negotiations with the Welsh Government.