Global Trusted Network 11/17/19 – Under Secretary Keith Krach
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.