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    Home»Markets»Stocks»US-China science pact renewal ‘not a given’ -US envoy By Reuters
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    US-China science pact renewal ‘not a given’ -US envoy By Reuters

    Press RoomBy Press RoomDecember 15, 2023No Comments3 Mins Read
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    US-China science pact renewal 'not a given' -US envoy
    © Reuters. U.S. Ambassador to China Nicholas Burns attends the World Peace Forum at Tsinghua University in Beijing, China July 4, 2022. REUTERS/Yew Lun Tian/File Photo

    By Michael Martina and David Brunnstrom

    WASHINGTON (Reuters) – U.S. Ambassador to China Nicholas Burns said on Friday he had started talks with Beijing on renewing a landmark scientific cooperation agreement, and while the deal needed to be modernized, prospects for a new one were uncertain.

    Controversy over the renewal of the U.S.-China Science and Technology Agreement (STA) – the first accord between the two countries signed in 1979 after the official establishment of diplomatic ties – has grown amid U.S. accusations of China’s theft of U.S. scientific and commercial achievements.

    The U.S. State Department in August sought a six-month extension to the pact that was set to expire that month in order to negotiate strengthened provisions with Beijing, which has eagerly expressed its desire for renewal.

    Burns told an audience at Washington’s Brookings Institution that the agreement was the “bedrock” of U.S.-China cooperation, but it did not account for advances such as artificial intelligence, biotechnology, machine learning and quantum mathematics.

    “I met with the new (Chinese) minister of science and technology just a couple of weeks ago in Beijing and we are beginning a discussion with them on whether or not to extend it, to have a new agreement, and what would be the issues involved, and I think it’s complicated,” Burns said.

    “We put down our expectations that it had to be modernized, that it’s not a given that we’re going to agree. I think that both sides agree on that,” he said, adding that negotiations would proceed over the “next couple of months.”

    U.S. proponents of renewing the deal argue that without it the U.S. would lose valuable insight into China’s technological advances.

    However, some Republicans in the U.S. Congress have said it should be scrapped, citing concerns about industrial espionage, forced technology transfers and other tactics that could fuel China’s military modernization.

    Many analysts say at the very least the agreement must be reworked to safeguard U.S. innovation in a time of heightened strategic competition with China.

    U.S. President Joe Biden and China’s leader Xi Jinping agreed at a summit in San Francisco in November to step up communication between their two governments after diplomatic relations sank to their lowest point earlier in the year, but the countries remain geopolitical rivals.

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