Common use of Science, technology and innovation Clause in Contracts

Science, technology and innovation. 1. The Parties recognise the role of science, technology and innovation (STI) in expanding the frontiers of knowledge, in accelerating transition and leapfrogging towards sustainable development through economic transformation, value-chain addition and inter-firm linkages, in fostering knowledge development and human empowerment, particularly of women and youth, and in supporting decision and policy makers in the pursuit of sustainable development. 2. The Parties shall work towards developing knowledge societies. They agree to invest in human capital, promote the adoption of coherent and comprehensive policy and regulatory frameworks, and develop infrastructure connectivity and digital tools. 3. The Parties shall enhance cooperation on the basis of mutual benefit, building on existing mechanisms while exploring new paths in funding STI, subject to appropriate and effective protection of intellectual property rights. They shall promote indigenous, traditional and local knowledge as a tool for bridging knowledge and technology gaps in relevant sectors. 4. The Parties shall encourage investment in the creation, diffusion and transfer of new technologies, with particular attention to clean and innovative technologies that protect the environment. They shall promote renewable energy and cooperate in the development of productive and regulatory capacity. 5. The Parties shall address the potential impact of technologies on society, tackle issues related to cybersecurity and assure protection of personal data, and consider the effects of disruptive technology, including artificial intelligence and robotics. 6. The Parties recognise the role of space as an enabler for social and economic benefits, including in the areas of environment, climate change, ocean governance, transport, energy, agriculture, mining, and forestry. They shall cooperate on matters of common interest in civil space activities such as space research, Global Navigation Satellite Systems applications and services, development of satellite augmentation systems, use of Earth Observation application and services and Earth Science.

Science, technology and innovation. 1. The Parties recognise the role of science, technology and innovation (STI) in expanding the frontiers of knowledge, in accelerating transition and leapfrogging towards sustainable development through economic transformation, value-chain addition and inter-firm linkages, in fostering knowledge development and human empowerment, particularly of women and youth, and in supporting decision decision- and policy policy-makers in the pursuit of sustainable development. 2. The Parties shall work towards developing knowledge societies. They agree to invest in human capital, promote the adoption of coherent and comprehensive policy and regulatory frameworks, and develop infrastructure connectivity and digital tools. 3. The Parties shall enhance cooperation on the basis of mutual benefit, building on existing mechanisms while exploring new paths in funding STI, subject to appropriate and effective protection of intellectual property rights. They shall promote indigenous, traditional and local knowledge as a tool for bridging knowledge and technology gaps in relevant sectors. 4. The Parties shall encourage investment in the creation, diffusion and transfer of new technologies, with particular attention to clean and innovative technologies that protect the environment. They shall promote renewable energy and cooperate in the development of productive and regulatory capacity. 5. The Parties shall address the potential impact of technologies on society, tackle issues related to cybersecurity and assure protection of personal data, and consider the effects of disruptive technology, including artificial intelligence and robotics. 6. The Parties recognise the role of space as an enabler for social and economic benefits, including in the areas of environment, climate change, ocean governance, transport, energy, agriculture, mining, and forestry. They shall cooperate on matters of common interest in civil space activities such as space research, Global Navigation Satellite Systems applications and services, development of satellite augmentation systems, use of Earth Observation application applications and services and Earth Science.