Technological developments are now at the centre of economic change and growth. Advances in technology increase productivity and efficiency, create new economic activity and open access to new markets.
Australia's international engagement will seek to create the conditions in which we can maximise the opportunities of cyberspace and critical technology for our prosperity, and that of our region. We do this because Australia benefits from an Indo-Pacific region of stable, prosperous and sovereign states that cooperate on shared interests and are resilient to coercion.
We will support enhanced connectivity, particularly in the Indo-Pacific, and support the rules-based trading system to maximise our collective prosperity. Australia will oppose unnecessary bifurcation of global technology markets, taking into account Australia's national security and national interests.
We will advocate for open, resilient, diverse and competitive technology markets, and promote standards that foster safe, interoperable and secure technologies.
International engagement and cooperation multiplies our own scientific efforts and provides access to cutting-edge technology in a cost-effective way. Cyberspace and critical technologies have the potential to reshape our economy and sustain long-term economic prosperity for Australia and the Indo-Pacific.