Foster warns against over-regulation in major speech on aeronautics industries

14-Oct-2015 @ 11:30

Jacqueline Foster Jacqueline Foster

Amjad Bashir Amjad Bashir

Amjad Bashir Amjad Bashir

Deputy leader of the Conservatives in the European Parliament, Jacqueline Foster, has used a major speech in Brussels today to warn of the dangers of over-regulation by the EU in the aeronautics sector.

She spoke at a conference which brought together, at the highest level, major leaders of industry and agencies, to discuss the future of the European aeronautics sector in the framework of EU policies, in particular transport and the EU's ambitious strategy for investment and growth.

The Conservative transport spokesman used the high level conference to warn that excessive and punitive regulation risked being a brake on growth and jobs

In the UK alone, the industry is worth £9.4bn a year to the economy, and the UK has been at the forefront of new technologies, such as the development of drones for non-military purposes.

Mrs Foster said: "I am working in Brussels to try and shape legislation that avoids stifling this exciting and rapidly changing industry.

"For example my report on the civil use of drones attempts to promote a safety-first, risk-based light-touch, approach.

"I am also very keen to ensure that both large and small businesses retain their key role at the heart of the decision-making process"

The North West MEP added: "If we are to prosper and continue to lead the world in this area it is vital that we provide a skilled and educated workforce.

"We need to ensure that universities offer the right courses, companies provide apprenticeships, and that as many students as possible gain degrees and qualifications in maths, science and engineering."

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