In the event of a deal, the UK should stay aligned with EU laws; for chemicals, the REACH regulation is key. As for the aeronautics industry, agreements on reciprocity in the most important areas should be put in place. The planned transition period is too short, however, and should be extended to at least five years.

It needs target-oriented support to blossom fully

The Creative Europe programme must help the industry to flourish and unleash its full potential. The main focus needs to be placed on social inclusion, by creating sustainable, well-paid jobs and helping Europe's various creative industries to become competitive on the world market.

Transformation process requires European-wide cooperation

The European institutions must spearhead the optimizing of Europe's medical technology industry, as its performance is currently plagued by excessive fragmentation and growing competition pressures, the European Economic and Social Committee (EESC) said at its plenary session on 14 February.