English: Thank you, madam deputy speaker. As the tectonic plates are shifting around us, I wonder whether this is an opportunity for a paradigm shift in our thinking as well. It is absolutely right - and there is broad consensus, clearly - that Wales should not be further impoverished by the decision made through the referendum. But I think it's also true that, while ensuring that we receive the cash that we were promised is necessary, it's not sufficient, is it? I mean, we achieved Objective One status in 1999. We won the lottery of European structural funds. And yet, over the period since then, what did we see? Wales's income per capita actually fell, both relative to the UK and the EU. So, I think this is an opportunity for us to rethink our approach. I think the spirit has to be that what we are looking for - and we are looking now not to Brussels but to London - . We are not looking for charity. We are looking for help to help ourselves. Part of that is financial investment, but part of it is giving us the power, actually, to regenerate our own economy. In the new environment - . Of course, we don't know what the final terms of the Brexit deal will be, and that will influence the powers that are available to us. But even if we are in the EEA and EFTA, you have the ability to vary VAT. Wouldn't that be a useful power - not to have left at Westminster, but to be brought here, so that we could actually have a lower VAT rate for our tourism industry? We could look at actually boosting our construction industry through having a lower VAT rate for refurbishment of homes. We could look at corporation tax. We saw Ireland just post a 26.4 per cent increase in GDP, an all-round record, I think, in Europe, largely through inversions, as they're called - basically, companies moving their headquarters in to Ireland because of the attractive corporation tax rates. Wouldn't it be a legitimate lever of regional policy for us to be able to attract some of those financial services companies that are in a huddle at the moment in the Square Mile and in Canary Wharf actually a bit further west and to say, 'Well, come to Wales, actually; we can provide you with an attractive business environment'? Think what we could do in terms of other business taxes. Research and development tax credits - you know, we want to build innovative businesses. We want, actually, instead of playing catch-up, we want to play leapfrog; we want to be ahead of the curve. We could use some of these new freedoms that would be available to us, whatever the terms of the final deal, in order to create that kind of competitive advantage. The patent box was introduced by the Chancellor that gives tax breaks, basically from future income, from patented innovation. In the Netherlands, they apply that to software. Now, if we had that ability in Wales, think of what that could do to an already very, very dynamic emerging sector in terms of software start-ups in Wales. So, I think this is the kind of thinking - you know, in chaos and in crisis, it's not one that I would have chosen, but, actually, change also creates opportunities, and maybe we need to, as well as defending absolutely and holding people to account as to the promises they made and making sure that Wales is not disadvantaged financially, maybe we need to get a bit more creative as well and think about what we could do differently that would give us an edge, that would make Wales the place to be in terms of the businesses of the future. I think that with that kind of positive mindset, we can inspire our own people and our own businesses, and also attract would-be entrepreneurs and innovators into Wales as well.
Welsh: Diolch i chi, madam ddirprwy lefarydd. Wrth i'r platiau tectonig symud o'n cwmpas, tybed a yw hwn yn gyfle i newid patrwm ein ffordd o feddwl hefyd. Mae'n hollol gywir - a cheir consensws eang, yn amlwg - na ddylai Cymru gael ei gwneud yn dlotach eto gan y penderfyniad a wnaed drwy'r refferendwm. Ond rwy'n credu ei bod hefyd yn wir, er bod sicrhau ein bod yn derbyn yr arian a addawyd i ni yn angenrheidiol, nid yw'n ddigon, yw e? Hynny yw, roeddem yn cyflawni statws Amcan Un yn 1999. Enillasom loteri'r cronfeydd strwythurol Ewropeaidd. Ac eto, dros y cyfnod ers hynny, beth a welsom? Disgynnodd incwm y pen yng Nghymru mewn gwirionedd, o gymharu â'r DU a'r UE. Felly, rwy'n credu bod hwn yn gyfle i ni ailystyried ein dull o weithredu. Rwy'n meddwl bod yn rhaid i ni weithredu yn yr ysbryd fod yr hyn y chwiliwn amdano - ac rydym yn edrych bellach ar Lundain nid ar Frwsel - . Nid ydym yn chwilio am elusen. Rydym yn chwilio am gymorth i'n helpu ein hunain. Rhan o hynny yw buddsoddiad ariannol, ond rhan ohono yw rhoi'r pŵer i ni, mewn gwirionedd, i adfywio ein heconomi ein hunain. Yn yr amgylchedd newydd - . Wrth gwrs, nid ydym yn gwybod beth fydd telerau terfynol y cytundeb i adael yr UE, a bydd hynny'n dylanwadu ar y pwerau sydd ar gael i ni. Ond hyd yn oed os ydym yn yr Ardal Economaidd Ewropeaidd a Chymdeithas Masnach Rydd Ewropeaidd, mae gennych y gallu i amrywio TAW. Oni fyddai hwnnw'n bŵer defnyddiol - nid i'w adael yn San Steffan, ond i'w ddwyn yma, fel y gallem gael cyfradd TAW is ar gyfer ein diwydiant twristiaeth mewn gwirionedd? Gallem edrych ar hybu ein diwydiant adeiladu mewn gwirionedd drwy gael cyfradd TAW is ar gyfer ailwampio cartrefi. Gallem edrych ar dreth gorfforaeth. Gwelsom Iwerddon yn nodi cynnydd o 26.4 y cant mewn cynnyrch domestig gros, sy'n uwch nag unman arall yn Ewrop, rwy'n meddwl, yn bennaf drwy wrthdroadau, fel y cânt eu galw - yn y bôn, cwmnïau yn symud eu pencadlysoedd i Iwerddon oherwydd cyfraddau deniadol y dreth gorfforaeth. Oni fyddai'n ysgogiad dilys i bolisi rhanbarthol i ni allu denu rhai o'r cwmnïau gwasanaethau ariannol sy'n clystyru ar hyn o bryd yn y Filltir Sgwâr ac yn Canary Wharf ychydig ymhellach i'r gorllewin a dweud, 'Wel, dewch i Gymru; gallwn ddarparu amgylchedd busnes deniadol ar eich cyfer.'? Meddyliwch beth y gallem ei wneud o ran trethi busnes eraill. Credydau treth i ymchwil a datblygu - rydym am adeiladu busnesau arloesol. Mewn gwirionedd, yn hytrach na chwarae dal i fyny, rydym yn awyddus i chwarae naid llyffant; rydym eisiau bod ar y blaen. Gallem ddefnyddio peth o'r rhyddid newydd a fyddai ar gael i ni, beth bynnag fyddai telerau'r cytundeb terfynol, i greu mantais gystadleuol o'r fath. Cyflwynwyd y blwch patentau gan y Canghellor i roi manteision treth, o incwm yn y dyfodol yn y bôn, o arloesedd patent. Yn yr Iseldiroedd, maent yn ei ddefnyddio ar gyfer meddalwedd. Nawr, pe gallem wneud hynny yng Nghymru, meddyliwch beth y gallai hynny ei wneud i sector dynamig tu hwnt sy'n dod i'r amlwg eisoes mewn perthynas â dechrau busnesau meddalwedd newydd yng Nghymru. Felly, rwy'n credu mai dyma'r math o feddwl - mewn anhrefn ac mewn argyfwng, wyddoch chi, nid yw'n un y buaswn wedi ei ddewis, ond mewn gwirionedd, mae newid hefyd yn creu cyfleoedd, ac efallai bod angen i ni, yn ogystal ag amddiffyn yn llwyr a dwyn pobl i gyfrif mewn perthynas â'r addewidion a wnaethant a gwneud yn siŵr nad yw Cymru dan anfantais yn ariannol, efallai fod angen i ni fod ychydig yn fwy creadigol hefyd a meddwl am yr hyn y gallem ei wneud yn wahanol a fyddai'n rhoi mantais i ni, a fyddai'n golygu mai Cymru fydd y lle i fod i fusnesau yn y dyfodol. Gyda'r math hwnnw o feddylfryd cadarnhaol, credaf y gallwn ysbrydoli ein pobl ein hunain a'n busnesau ein hunain, a denu darpar entrepreneuriaid ac arloeswyr i Gymru hefyd.