A strong European economy is not only an important source of prosperity, but also the key to a stronger position on the world stage. Particularly in these times of geopolitical uncertainty, economy is security. So it’s essential to join forces with the business community to explore ways to boost our competitiveness. We need to strengthen the single market and work to reduce and simplify regulation, so that companies have the flexibility they need to do business. This means for example looking at permit application procedures and improving cross-border energy interconnections in order to tackle the high energy prices, a problem often raised by the chemicals industry. Europe also needs to invest in technology and innovation, focusing in particular on the digital and sustainability transitions as crucial factors for driving future growth and bolstering Europe’s independence. These ambitions require us to make choices and to work together even more effectively with the business community. We discussed these subjects today at the European Industry Summit.(Dick Schoof)