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.

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.