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<p>HM Treasury ministers and officials have regular discussions with counterparts
in the Welsh Government on matters relating to EU Exit, including funding. On agriculture
funding, the Government has committed to provide the same cash total in funds for
farm support until the end of the Parliament. Under this commitment, the average annual
cash total for farm support under the existing 2014-2020 Multiannual Financial Framework,
and the average annual Exchequer funding provided for farm support under Pillar 2,
will be rolled forward year by year until the end of this parliament. An independent
advisory panel, led by Lord Bew of Donegore, is considering what factors should determine
the distribution of convergence funding across the UK during this period. We expect
the review to report over the summer in advance of decisions at the Spending Review.</p>
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