Cooperation and technology transfer. 1. The Parties recognize the importance of technological innovation as well as the transfer and dissemination of technological information to the mutual advantage of technology producers and users, particularly in the new digital economy. Accordingly, the Parties will seek to develop and encourage cooperation programs, through collaboration in science, technology, and innovation. 2. The Parties agree to exchange views and information on the legal framework concerning protection and enforcement of intellectual property rights in accordance with their respective laws, regulations, and policies to: (a) improve and strengthen intellectual property systems to promote the efficient enforcement of intellectual property rights; and (b) stimulate the creation and development of intellectual property by persons of each Party, particularly small and medium-sized enterprises.
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Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement