Global Trust Network – Under Secretary Keith Krach
The Hon. Keith Krach
09.18.23
The Global Trust Network comprises like-minded countries, companies, and civil society that operates by a set of democratic values and trust principles for all areas of collaboration. It is an alliance of democracies built on the idea that strong partnerships advance shared prosperity.
The Global Trust Network is comprised of like-minded countries, companies, and civil society that operates by a set of democratic values and trust principles for all areas of collaboration. It is an alliance of democracies built on the idea that strong partnerships advance shared prosperity. By harnessing the innovation, resources, and synergies of its members, the CN creates a unifying and equitable global framework for trusted geo-economic partnerships. The partnerships are grounded in democratic values and shared Trust Principles that form the basis of trust: integrity, accountability, transparency, reciprocity and respect for the rule of law, property, and sovereignty. These Trust Principles which form the basis for sector and industry-specific Trust Standards will enable fast, frictionless, and secure collaboration in areas critical to our shared future.
The Global Trust Network is a collection of networks that consists of multiple forms and lines of economic collaboration organized by sectors, regions, and industries. Forms of collaboration include commerce, investment, supply, chains, money flows, research, safeguarding assets, research, logistics, procurement, trade, policy, and standards. The lines of collaboration include sectors such as energy, healthcare, digital, agriculture, manufacturing, transportation, minerals, infrastructure, finance, space, and security. The U.S. is committed to fostering the Clean Network comprised of like-minded countries, economies, companies, investors, institutions, and civil society organizations that adhere to the set of Trust Principles. The goal is to include all countries and organizations as participants.
Countries that currently do not abide by the Trust Principles will be excluded from CN membership until they reform problematic practices and laws. No nation is excluded forever, and the CN does not require a country to choose between partnership with the U.S. and any other nation.
By forming this alliance of democracies, members have strength in numbers and solidarity to stand up to any nation that seeks to undermine our prosperity and basic freedoms. The power of the network is a product of the members’ collaboration and mutually beneficial actions.
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The Era Of ‘Tech Diplomacy’ Is Here
Technology is the new frontier of international relations. The interaction is bi-directional: technology is defining diplomatic matters while diplomacy is also influencing the development and deployment of technology. Take semiconductors as an example. This is a technology that forms the foundation of digital economy, national security, and productivity in almost all industries. Global supply chain in the semiconductor industry is shaping U.S. foreign policy. Conversely, America’s diplomatic effort has been redefining the supply chain. Tech diplomacy is different from science diplomacy, which became a key pillar for the U.S. and other countries since World War II. Scientists participated in treaty negotiations, engaged in bilateral summits and served as attachés at embassies. Primary topics included nuclear proliferation, super-collider construction, human space exploration and environmental science.