At the moment america and the UK are asserting the Atlantic Declaration for a Twenty-First Century U.S.-UK Financial Partnership to make sure that our distinctive alliance is tailored, bolstered, and reimagined for the challenges of this second.
During the last century, the important partnership between america and the UK has enabled us to guide collectively on points of world significance. Because the signing of the Atlantic Constitution in 1941, we’ve labored collectively to form an open and rules-based worldwide order based mostly on our enduring assist for shared values. Within the New Atlantic Constitution signed in 2021, we underscored and refreshed this imaginative and prescient. Collectively, we additionally designed a global financial structure that has underpinned our financial power and helped to carry tens of millions all over the world out of poverty. Our important bilateral relationship is underpinned by the closest cooperation on protection and safety, a thriving financial relationship, management in science and know-how, and deep ties between our individuals and civil societies.
U.S.-UK cooperation and joint management is as important at this time as ever – each internationally and for the safety and prosperity of our individuals at dwelling. To attain this, we should maintain tempo with adjustments on the earth round us and adapt our alliance to them. The worldwide financial system is present process one of many best transformations because the Industrial Revolution. Breakthroughs in innovation supply monumental potential if we are able to harness them to work for, not in opposition to, our democracies and safety. The transition to the clear vitality economies of the longer term is a chance to enhance jobs and livelihoods and deepen the resilience of our economies. On the similar time, the character of nationwide safety is altering. Expertise, economics, and nationwide safety are extra deeply intertwined than ever earlier than. We face new challenges to worldwide stability – from authoritarian states corresponding to Russia and the Individuals’s Republic of China (PRC); disruptive applied sciences; non-state actors; and transnational challenges like local weather change.
Over the previous 12 months, we’ve taken steps to deepen our unrivalled protection, safety, and intelligence relationship throughout each theater within the globe during which we cooperate, recognizing the indivisibility of safety within the Euro-Atlantic and the Indo-Pacific and different areas. We’ve energized our conventional alliances and constructed new and modern partnerships based mostly on deeper cooperation on know-how, commerce, and safety. We’ve stood shoulder to shoulder in our resolve to assist Ukraine for so long as it takes within the face of Russia’s unlawful, unjustifiable, and unprovoked battle of aggression and to protect a free, impartial, and sovereign Ukraine. We’re dedicated to persevering with to strengthen NATO’s capability to discourage additional makes an attempt to undermine Alliance safety, in assist of NATO’s new Strategic Idea.
We’ve taken important steps to implement AUKUS, together with asserting our plans to assist Australia buying conventionally armed, nuclear-powered submarines. Via our deeper engagement within the Indo-Pacific we’re working extra carefully than ever earlier than with our companions to assist a free and open area. Via the U.S.-UK Indo-Pacific Dialogue we are going to proceed to seek out new alternatives to coordinate our approaches, to assist ASEAN and ASEAN centrality, to associate with the Pacific Islands, to coordinate on financial and technological development, and to contribute to regional peace and stability, together with by means of AUKUS and expanded joint workout routines and planning, together with trilaterally.
At the moment, we’re asserting the Atlantic Declaration for a Twenty-First Century U.S.-UK Financial Partnership to construct on that partnership within the financial sphere. America and the UK resolve to associate to construct resilient, diversified, and safe provide chains and scale back strategic dependencies. We stay dedicated to persevering with to guide within the applied sciences of the longer term and advance the closest attainable coordination on our financial safety and know-how safety toolkits to make sure that rising applied sciences work for, not in opposition to, our democracies and safety. And as democratic and open societies we resolve to work collectively to make sure the security, prosperity, and safety of our nations and peoples whereas driving progress in residing requirements the world over.
The Atlantic Declaration and accompanying Motion Plan type the premise of a brand new sort of modern partnership throughout the complete spectrum of our financial, technological, business and commerce relations; a primary of its variety, and which calls for our joint management and creativeness to comprehend in full.
It’s going to represent a brand new financial safety framework masking ever-closer cooperation on crucial and rising applied sciences and stronger protecting toolkits. It’s going to assist america and the UK in our efforts to harness the vitality transition and technological breakthroughs to drive broadly shared progress, create good jobs, and go away no neighborhood behind. It’s going to discover methods to deepen our commerce and funding relationship. And it’ll strengthen our alliance throughout protection, science, well being safety, and house – permitting us to discover elevated cooperation in different areas for mutual financial profit.
These are the urgent financial problems with our time. These are the problems that demand america and the UK to guide collectively.
Motion Plan for a Twenty-First Century U.S.-UK Financial Partnership (ADAPT)
Deep financial ties between the United States and the UK have lengthy been a supply of mutual power. The U.S.-UK bilateral funding relationship is the biggest on the earth, with over $1.5 trillion in inventory supporting greater than 2.7 million jobs in each international locations. As we evolve our unparalleled financial relationship to mirror at this time’s challenges, we’ve a possibility to exemplify what a twenty-first century financial partnership ought to appear to be. Collectively america and the UK can lead in constructing a brand new type of financial partnership that advances financial progress and competitiveness, that builds capability, resilience, and inclusiveness, and works for our employees and communities; works for our companies; works for our local weather; and works for our nationwide safety.
As the primary steps on this new partnership, we’re at this time asserting and taking concrete and coordinated actions to deepen this partnership throughout 5 pillars, by:
- making certain U.S.-UK management in crucial and rising applied sciences,
- advancing ever-closer cooperation on our financial safety and know-how safety toolkits and provide chains,
- partnering on an inclusive and accountable digital transformation,
- constructing the clear vitality financial system of the longer term, and
- additional strengthening our alliance throughout protection, well being safety, and house.
Senior White Home and Downing Road representatives will convene biannually beneath the Atlantic Declaration Motion Plan (ADAPT) to develop and drive ahead concrete progress throughout the Atlantic Declaration Motion Plan and guarantee rising ambition over the following months and years.
1. Guaranteeing U.S.-UK Management in Vital and Rising Applied sciences
A handful of crucial and rising applied sciences are forming the spine of latest industries and shaping our nationwide safety panorama. These applied sciences embody semiconductors, quantum applied sciences, synthetic intelligence, cutting-edge telecommunications, and artificial biology. As the house of world-leading firms and tutorial establishments, we’re dedicated to making sure america and the UK proceed to guide throughout these sectors. We intend to take action by collaborating on tangible analysis and growth joint efforts , deepening public-private dialogue throughout our precedence applied sciences, collectively mobilizing non-public capital in the direction of strategic applied sciences and by enhancing reciprocal expertise flows. These long run initiatives are the preliminary steps in a long-term partnership and can fall beneath current U.S.-UK frameworks, together with the U.S.-UK Settlement on Scientific and Technological Cooperation, the U.S.-UK Complete Dialogue on Expertise and Information, and extra boards as relevant, by means of which we are going to develop and ship a shared workplan on crucial and rising applied sciences, to be up to date and brought ahead inside the subsequent twelve months.
- Launching collaborative work on precedence applied sciences. We intend to discover joint efforts and collaborative R&D in a spread of crucial and rising applied sciences and pursue a set of preliminary actions, together with the next:
- Pursuing a spread of quantum applied sciences initiatives to deal with elementary analysis questions in quantum science and different initiatives to cut back limitations to U.S.-UK collaboration, corresponding to rising researcher and pupil mobility, and exploring workforce growth actions to foster the trade of individuals and concepts.
- Cementing management by america and the UK in cutting-edge telecoms by setting out a joint imaginative and prescient, taking ahead joint R&D initiatives, and deepening cooperation on technical exercise in modern 5G and 6G options, together with extra formidable cooperation to speed up Open RAN to market, and to extend the variety and resilience of crucial provide chains.
- Deepening cooperation on artificial biology with a view to concluding a joint workplan to drive private and non-private cooperation, exchanges, and joint analysis, growing novel functions and selling our financial safety by means of improved provide chain pathways for biomanufacturing and biotechnologies.
- Exploring collaborative R&D in areas that assist superior semiconductor applied sciences, corresponding to superior supplies and compound semiconductors, starting within the subsequent twelve months, and facilitating collaboration amongst our nationwide analysis institutes.
- Accelerating our cooperation on AI with a concentrate on making certain the protected and accountable growth of the know-how.
- Mobilizing non-public capital in the direction of strategic applied sciences. We intend to assist the expansion of firms in each international locations throughout these crucial and rising applied sciences. We intend to work collectively to crowd in non-public capital to make sure firms in these areas have the flexibility to emerge and scale. To this finish, we decide to arrange a U.S.-UK Strategic Applied sciences Investor Council inside the subsequent twelve months. We’ll use this newly fashioned Council to convey main buyers from each side of the Atlantic along with nationwide safety consultants to investigate the place funding gaps at present exist and unlock new non-public funding in crucial and rising applied sciences.
- Facilitating reciprocal expertise flows. We acknowledge the necessity for a talented workforce throughout our know-how sectors. As a part of assembly this goal, we leverage experience from throughout the general public sector, business, and academia to advise on how we finest enhance U.S.-UK reciprocal expertise flows. America welcomes funding from the UK for growth of Marshall and Fulbright scholarships targeted on science, know-how, engineering, and arithmetic topics, to deepen the wider trade of expertise between our two international locations.
2. Advancing Ever Nearer Cooperation on Expertise Safety, Financial Safety Toolkits and Provide Chains
A lot of our know-how safety instruments had been designed for a distinct time, a distinct set of threats, and a distinct set of applied sciences. We acknowledge that our present regulatory frameworks associated to export controls, funding screening, sanctions, and analysis and growth safety are important instruments that ought to correspond to a altering geostrategic and technological setting. We intend to take concrete steps to replace and extra carefully align our respective toolkits throughout all these areas to forestall the leakage of delicate and dual-use rising applied sciences, and different export-controlled commodities and applied sciences. We’ll work to boost our information-sharing mechanisms on menace info with related stakeholders within the coverage and intelligence communities, together with deepening our cooperation on funding safety.
- Addressing the nationwide safety dangers posed by sure forms of outbound funding. As allies with a detailed and long-standing protection partnership, and as international leaders in crucial and rising applied sciences, we’ve a shared goal in stopping our firms’ capital and experience from fueling technological advances that may improve the navy and intelligence capabilities of nations of concern. We’re taking steps to make sure that our respective toolkits are satisfactory to fulfill our shared goal. America is working to develop a focused set of controls on outbound investments in delicate applied sciences with a core nationwide safety nexus. The UK intends to enrich this by swiftly participating a spread of enterprise and monetary stakeholders to develop an proof base to evaluate and inform how the UK can finest calibrate its actions to reply successfully to those dangers and meet our shared goal. As we act based on our personal respective timelines, we are going to talk clearly to the non-public sector concerning our joint resolve and shared goals on this space.
- Guaranteeing versatile and coordinated export controls. In opposition to the backdrop of a quickly shifting and ever extra refined technological panorama, our toolkits should handle evolving challenges. We’ll due to this fact work collectively to allow our respective toolkits to work in a complementary means, implementing export controls associated to sure delicate applied sciences, together with concentrating on end-uses of concern, and contemplating our strategy to tackling the problem of intangible transfers. The UK has enhanced its functionality on this space by increasing the scope of its Navy Finish Use Controls (MEUC) regime and is progressing work – attributable to full by the autumn – to know its affect. The UK will seek the advice of later this 12 months on updating its export management regime and contemplate how finest to flexibly and quickly deal with delicate know-how transfers. The UK will even seek the advice of on the concentrating on of finish makes use of and end-users of concern. Constructing on our current cooperation and recognising that the multilateral system faces challenges in accommodating new realities and that artistic options are crucial, each side will advance work and bilateral consultations within the coming months to allow deeper collaboration and guarantee each our export management techniques are ready collectively to deal with the recognized threats.
- Strengthening our world-leading partnership throughout sanctions technique, design, concentrating on, implementation and enforcement. We’ll proceed to coordinate our work to deal with sanctions evasion and intend to collectively goal these facilitating Russia’s unlawful invasion of Ukraine in Russia, Belarus, and in third international locations, together with those that assist Russia purchase items and know-how that assist Russian aggression. We intend to boost our capability to gather, analyze, and share info and knowledge with a monetary sanctions nexus from our monetary establishments and companies, together with for identification of firms and people financially supporting or facilitating funds to Russia’s battle machine. We additional intend to work carefully collectively to guard humanitarian exercise from unintended impacts of sanctions, constructing on our important cooperation on the landmark UN Safety Council Decision 2664. We’ve carried out exceptions for humanitarian actions in our UN applications. America has carried out these exceptions in its autonomous sanctions applications, and the UK will take this additional in its autonomous sanctions applications as applicable. We will even proceed joint work to underline that meals provides are usually not the goal of our sanctions.
- Decreasing our vulnerabilities throughout crucial know-how provide chains. Current occasions have proven that our provide chains should be made extra resilient to geopolitical incidents, pure disasters, third nation insurance policies, financial coercion, and different attainable shocks. The UK and United States acknowledge the strategic and shared crucial of constructing resilient semiconductor and different crucial know-how provide chains and are setting up strong methods to attenuate disruptions. With the intention to additional this cooperation, america and the UK will work bilaterally to share evaluation, develop, and deepen our channels for coordination and well timed session throughout crucial know-how provide chain disruptions and crises.
3. Partnering on an Inclusive and Accountable Digital Transformation
As we promote the crucial and rising know-how ecosystems in our international locations, we are going to work collectively to form the coverage setting round know-how and allow additional accountable innovation.
- Enhancing cooperation on knowledge. The trusted and safe circulate of knowledge throughout our borders is foundational to efforts to additional innovation. To that finish, we’ve dedicated in precept to determine a U.S.-UK Information Bridge to facilitate knowledge flows between our international locations whereas making certain robust and efficient privateness protections. We’re working to finalize our respective assessments swiftly to implement this framework. We additionally intend to coordinate to additional promote belief within the digital financial system, together with by means of assist for the World Cross-Border Privateness Guidelines (CBPR) Discussion board and the OECD’s Declaration on Authorities Entry to Private Information Held by Personal Sector Entities, and to construct shared understandings on knowledge safety dangers.
- Accelerating cooperation on AI. America and the UK acknowledge Synthetic Intelligence (AI) has the potential to remodel our societies and economies and share a dedication to the position of presidency motion to unlock the alternatives and mitigate the dangers arising from the speedy growth of those applied sciences. We’ll speed up our cooperation on AI with a concentrate on making certain the protected and accountable growth of the know-how. Each nations welcome ongoing exercise internationally together with on the OECD, UN, World Partnership for AI, Council of Europe, and Worldwide Requirements Organisations, in addition to the G7 Hiroshima AI Course of, and acknowledge the necessity to go additional notably with respect to the dangers and alternatives AI presents. America welcomes the Prime Minister’s plans to launch the primary World Summit on AI Security, to be hosted in the UK this 12 months, and commits to attend at a excessive stage. This effort, which inserts with the UK’s complete and balanced strategy to AI dangers and alternatives, will convey collectively key international locations, in addition to main know-how firms and researchers, to drive focused, speedy worldwide motion targeted on security and safety on the frontier of this know-how, together with exploring security measures to guage and monitor dangers from AI. America has taken robust motion to advertise accountable innovation and is enterprise a course of to advance a complete strategy to AI-related danger and alternatives, together with complete engagement with firms, analysis, civil society, and our allies and companions.
- Deepening collaboration on Privateness Enhancing Applied sciences. To maximise the accountable use of knowledge, we intend to launch a Collaboration on Privateness Enhancing Applied sciences (PETs) that may enable us to realize extra useful perception from knowledge and prepare accountable AI fashions, enabling financial and societal advantages, whereas defending people’ privateness and our democratic ideas.
4. Constructing the Clear Power Economic system of the Future
America and the UK are each dedicated to assembly our objectives beneath the Paris Settlement, constructing a clear vitality financial system, strengthening resilient provide chains, and investing in our industrial bases. We share a perception that constructing a clear vitality financial system is without doubt one of the most vital alternatives to create good jobs with excessive labor requirements. We affirm that daring funding and strategic public funding are crucial to realize these objectives. We’re dedicated to deepening cooperation to develop and strengthen clear vitality provide chains, together with constructing numerous, resilient, and safe crucial mineral and battery provide chains that scale back undesirable strategic dependencies to fulfill our protection, financial, vitality safety, and local weather objectives. As we pursue our nationwide methods, we are going to work to align our approaches wherever attainable to make clear vitality applied sciences extra inexpensive for all nations and assist drive a world, simply, and safe vitality transition for employees and communities that may go away nobody behind. We’re dedicated to creating the 2020s the decisive decade for local weather motion, implementing our respective formidable 2030 nationally decided contributions beneath the Paris Settlement, and assembly our 2050 internet zero emission objectives.
- Launching negotiations on a Vital Minerals Settlement. With congressional session, we intend to right away start negotiations on a focused crucial minerals settlement masking the 5 related crucial minerals most vital for electrical automobiles – cobalt, graphite, lithium, manganese, and nickel – which are extracted or processed in the UK rely towards sourcing necessities for clear automobiles eligible for the Part 30D clear car tax credit score of the Inflation Discount Act. We intend to make use of these targeted negotiations to make sure the consistency of our approaches on provide chain diversification and strong labor and environmental requirements to assist the creation of well-paying jobs with a free and honest selection to hitch a labor union on each side of the Atlantic. Via our robust U.S.-UK partnership we are going to work in the direction of rising our respective and collective clear vitality industrial capability, boosting electrical car manufacturing and deployment, and increasing entry to sustainable, safe, high-standard crucial mineral and battery provide chains.
- Partnering on a Joint Clear Power Provide Chain Motion Plan. At the moment we’re asserting the launch of a one-year Joint Clear Power Provide Chain Motion Plan. Via the U.S.-UK Joint Motion Group on Power Safety and Affordability (the JAG), america and the UK will, by the tip of 2023, establish and determine on near-term actions our two international locations can soak up parallel and collectively to speed up the buildout of capability in our international locations and third international locations ample to fulfill the clear vitality calls for of the longer term. We intend to conduct public-private consultations throughout key clear vitality provide chains, together with offshore wind and electrical car batteries, and conduct speedy stress-test workout routines throughout key clear vitality provide chains, which might type a mannequin for future work on provide chain resilience.
- Launching a Civil Nuclear Partnership. Constructing on our distinctive financial and safety relationship, and recognizing our complementary capabilities, we’re launching a civil nuclear partnership overseen by senior officers in each governments. The JAG will even be mobilized to set near-term priorities for joint motion to encourage the institution of latest infrastructure and end-to-end gas cycle capabilities by 2030 in each continents, and considerably reduce reliance on Russian gas, provides, and companies. Our joint exercise and management will assist and facilitate the protected, safe, and sustainable worldwide deployment of superior, peaceable nuclear applied sciences, together with small modular reactors, in accordance with the very best non-proliferation requirements and per a 1.5 diploma Celsius restrict on international warming. These priorities will type the premise of a Joint Standing Committee on Nuclear Power Cooperation (JSCNEC), which is designed to ship on shared commitments by the tip of the 12 months and function an everlasting bilateral discussion board to advance shared coverage objectives throughout current engagement mechanisms, together with near-term actions recognized by means of the JAG, and facilitate exchanges on new and evolving technical and coverage developments concerning nuclear vitality.
5. Strengthening our Alliance Throughout Protection, Well being Safety, and Area
We’re additional strengthening the U.S.-UK alliance in rising areas with crucial nexuses to financial resilience and financial safety.
- Persevering with to optimize our longstanding protection cooperation. We proceed to optimize our longstanding protection cooperation and make sure that protection and know-how commerce and exports between our international locations are as frictionless as attainable, notably as a part of our efforts to allow collaboration in and between AUKUS nations. To this finish, the President plans to ask america Congress so as to add the UK as a “home supply” inside the which means of Title III of the Protection Manufacturing Act. Doing so would deepen industrial base collaboration, speed up, and strengthen AUKUS implementation, construct new alternatives for United States funding in a number of strategic sectors, and assist our efforts to extend our respective and collective industrial capability throughout each clear vitality and key know-how sectors. Collectively the U.S. and the UK are taking steps to streamline protection commerce between our nations, together with the U.S. proposal to Congress to modernize export management legal guidelines to boost collaboration between and amongst AUKUS nations. The UK can be inspecting its export management regime to streamline the circulate of protection commerce among the many AUKUS companions.
- Strengthening bilateral cooperation on organic and well being safety. Constructing on the New Atlantic Constitution, we decide to strengthening bilateral collaboration between our two nations on organic safety, reflecting our shared ambition to bolster future heath and financial resilience in opposition to a rising and numerous spectrum of organic threats (deliberate, unintentional, or pure), together with drug-resistant infections. To this finish, we are going to enhance our collaboration to beat the market failures that forestall very important analysis and growth of anti-microbial vaccines, therapeutics, and diagnostics – through mechanisms such because the Combating Antibiotic Resistant Micro organism Biopharmaceutical Accelerator (CARB-X). We’ll improve our cooperation on tackling rising infectious illness threats with pandemic or epidemic potential and promote biosafety, biosecurity, and accountable innovation within the biotechnology and life science sectors domestically and internationally to comprehend the complete potential of the rising bioeconomy. We reaffirm our dedication to strengthen international norms in opposition to the misuse of biology and prohibitions on the event of organic weapons.
- Seeking to the longer term and deepening our partnership throughout all sectors of house cooperation. We acknowledge latest bilateral innovation in business house launch and are dedicated to additional strengthening bilateral business house cooperation, together with within the discipline of deep house communications. We’re dedicated to taking tangible steps to deepen our collaboration on house sustainability and our respective rules. America welcomes the shut partnership with the UK on heliophysics missions and the UK’s contribution to the NASA Helioswarm mission particularly. America welcomes potential participation by the UK in future business house station ideas. America and the UK are dedicated to finding out alternatives for cooperation on house nuclear energy and propulsion in accordance with their respective home legal guidelines and per worldwide obligations and commitments.
###