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<p>No specific assessment of the importance of ports in Wales to the UK economy has
been made by the Government. However, the UK’s ports, including those in Wales, play
a vital role in our economy, acting as key facilitators for trade and economic activity.
Around 95% of British imports and exports in goods are moved by sea. A 2015 study
by the Centre for Economics and Business Research (Cebr) commissioned by Maritime
UK, estimated that the Welsh maritime sector directly supported just under £940 million
in domestic revenue, £330 million in GVA and 5,960 jobs in Wales. These figures illustrate
the important contribution of Wales to the UK maritime sector.</p><p>The Maritime
2050 strategy was developed through a wide ranging, extensive programme of evidence
gathering and engagement across the UK. Although UK ports policy is a devolved matter
in Wales apart from the Port of Milford Haven, in recognition of the extensive maritime
interests in Wales, the Welsh Government and other maritime stakeholders were fully
engaged in the development of Maritime 2050.</p>
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