Renewal of U.S.-China Science and Technology Cooperation Agreement

SOURCE www.nbcnews.com
The United States and China have renewed a decades-old agreement on science and technology cooperation, adding safeguards to address national security risks and advancing U.S. interests through transparency and data reciprocity.

Key Points

  • Agreement renewed for five years
  • Covers only basic research
  • Biden administration has imposed export controls on advanced semiconductor chips and restricted investment in strategically sensitive fields in China
  • Science and technology cooperation has been affected by the China Initiative

Pros

  • Sustains intellectual property protections
  • Establishes new guardrails for protecting the safety and security of researchers
  • Advances U.S. interests through transparency and data reciprocity

Cons

  • Does not facilitate the development of critical and emerging technologies