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The European Union needs to promote and protect innovation, research and development, according to MEP Fulvio Martusciello, who is a member of Parliament’s economic and monetary affairs committee.
Writing an opinion piece in the Parliament Magazine, Martusciello said that such a policy would not only send the appropriate positive signals to investors and provide the business community with a dependable space to develop successfully, it would also have a positive impact on high quality employment creation and on consumers’ satisfaction.
‘Vaping products embed significant research and development,’ he said. ‘These are highly innovative products and represent a potentially safer category for consumer use.
‘Relying on the voice of science, regulators should adapt to new developments, respect scientific advice and regulate such innovative products in an appropriate way.’
Martusciello said he was in favour of holding a parliamentary debate on how best to regulate these products in the EU and on how to ensure that appropriate EU standards were in place.