Partnership Principles
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DocuSign's principles of partnerships focus on making strategic partners successful through collaboration, recognizing partners' contributions, and supporting their causes. DocuSign measures its own success based on its partners' success, works to exceed the sum of individual efforts through synergistic partnerships, and strives to be a role model partner through open communication and mutual support.
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Advisory Council Krach Institute for Tech Diplomacy at Purdue
This document outlines the vision, mission, principles, objectives, and governance structure for an Advisory Council playbook. The vision is to create a global network of leaders to advance freedom through trusted technology. The mission is to build the world's most powerful advisory council dedicated to adopting trusted tech and committed to action. The objectives include assembling a diverse advisory council, organizing members into teams, providing support and resources, and establishing events. The document describes the council's opportunities, member benefits, and expectation for members to provide advice, choose initiatives, amplify the mission, and recruit partners.
The Strategy for Creating a Movement Against China’s Ideology of Genocide to...
The Strategy for Creating a Movement Against
China’s Ideology of Genocide to Maintain International Order
The world has a moral imperative to end the Xinjiang genocide because it fits the definition of punishable genocide established by the United Nations at the Convention on the Prevention and Punishment of Genocide in 1948 in response to the Nazi atrocities. With no consequences, there can be no international order.
With China’s denial despite all the evidence to the contrary, Under Secretary of State Krach determined that the government could not be effective alone in ending China’s crimes against humanity. The strategy would require an all-of-society approach in the form of a movement and would necessitate Krach being the first US official to label the Xingjian atrocities as genocide which he did in national TV broadcast on the fourth of July 2020.
Krach used the “Trust Doctrine” as the platform to create a movement the CCP’s human rights abuse that advocates shining the light of transparency and calling on—government, business, universities, pension funds, stock exchanges, financial institutions, the press, and civil society—asserting their moral responsibility and fiduciary duty to establish governance principles to prevent enabling or investing in any entities that facilitate human rights abuses. He also sent letters to all corporate CEOs, university governing boards, and leaders of civil society groups, and called for divestment.
The Athenai Institute, a student-founded nonprofit comprised of College Republicans and Democrats, has responded to this call for divestment by organizing a grassroots movement that has rapidly spread across thirty college campuses that are pressing universities to \vote with their wallets.
Washington Examiner: “Krach laid the groundwork for the Uyghur genocide university divestment movement and was the first public official in the world to refer to the persecution of Uyghurs in China as a genocide, an act of conscience that has stood the test of time and which gave hope to many in the Uyghur community that justice will be done.”
The Trust Doctrine as a Policy Framework for Maintaining International Order;...
The Trust Doctrine as a Policy Framework
for Maintaining International Order
Trust is a precondition for democracy and lasting peace. For that reason, Under Secretary of State Keith Krach was nominated for the 2022 Nobel Peace Prize for the development of the “Trust Doctrine” and its deployment to defend against technological authoritarianism, safeguard global economic security, preserve democracy in Taiwan, and protect human rights.
With the rise of authoritarianism, the Trust Doctrine, his nominators asserted, represents not just the success of these efforts toward peace, but the possibilities for an all-inclusive framework by which peace may be achieved across multiple sectors of human life.
This doctrine means every peaceful relationship must ultimately be based on trust, which in turn requires a partnership to be founded on the firm foundation of integrity, accountability, transparency, property rights, national sovereignty, reciprocity, respect for the rule of law, the environment, independent press, and human rights. These are things that the free world honors and authoritarian regimes do not. Instead, they use them to their strategic advantage by utilizing the “Power Principle,” which forgoes the necessity of shared values, and operates by coercion, co-option, concealment, bellicosity, and threats.
In one jujitsu move, the “Trust Doctrine” weaponizes the trust principles that we honor, and China doesn’t and instead of letting them abuse our trust, turns the tables by using those very principles that protect freedom against them.
Dean of Georgetown Law School William Treanor observed, “What Under Secretary of State Krach did running U.S. economic diplomacy and building the Clean Network Alliance of Democracies is of the utmost importance especially now. His use of the ‘Trust Principle’ to defend against technological authoritarianism, safeguard global economic security, preserve democracy in Taiwan, and protect human rights resonates with our core values. That’s why it’s so inspiring.”
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The explosive growth of ESG investment in China’s domination of the Solar Industry which utilizes Uyghur slave labor and dirty coal-fired power plants has created a growing consciousness that unfettered investment in China’s economy has serious consequences for America’s economic and national security. Investors, consumers, and voters rightly want “clean” supply chains with clean labor practices for clean energy, but the ESG investment industry has failed to deliver them.
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Rather than replicating the convoluted EU regulatory approach that likely will serve as a brake on innovation and investment, U.S. policymakers are looking to the Clean Capital Markets approach. As part of his broad push to protect the average American investor from unknowingly financing the CCP’s malign intentions, the Clean Capital Markets Playbook addresses the distortions that have arisen under the current system. The playbook’s targeted, common-sense recommendations also have the added benefit of leveling the playing field for companies that play by the rules, do not benefit from slave labor, or have the backing of a predatory party-state.
As Uyghur advocate Nury Turkel observed, “Investors, consumers, and voters want a ‘clean’ supply chain for clean energy, but the ESG investment industry has failed to deliver.” Turkel has called Krach’s approach “groundbreaking.”
Wharton Business School Case study; Here Comes the Sun: ESG and Dirty Solar Supply Chains
The Strategy for Preserving Democracy in Taiwan as a Lynchpin for Internatio...
The Strategy for Preserving Democracy in Taiwan
as a Lynchpin for International Order
To the free world, a peaceful Taiwan is a lynchpin of democracy and a role model of freedom. To China’s Xi Jinping, an independent Taiwan dispels the myth that democracy is incompatible with Chinese culture, and he wants it gone. After Russia’s invasion of Ukraine, Xi Jinping’s consolidation of power at the 20th National Congress and Taiwan’s increasing dominance in semiconductor fabrication, Taiwan has never been more vulnerable and critical to international order.
As part of his mission to counter China’s potential invasion, Under Secretary of State Keith Krach designed a 6-pronged strategy to deter Beijing’s aggression by creating an economic “security blanket” around Taiwan based on the Trust Doctrine’s network of partners.
The chess moves included rallying nations that recognize Taiwan, bringing Taiwan into the Clean Network Alliance of Democracies, brokering the largest onshoring in US history with semiconductor giant TSMC, showing visible support as the most senior U.S. diplomat to visit Taiwan in 41 years, devising the Lee Economic Prosperity Partnership—a five-year economic collaboration agreement, followed by the Science and Technology Cooperation Pact, and paving the way for a Trade Agreement.
The free trade agreement creates a halo effect for U.S. private sector investment in Taiwan which clears the way for US allies to invest. Strategically, that dramatically increases the odds of allied military support if a conflict breaks out and would cause China to think twice about an invasion.
His use of the Trust Doctrine as the fulcrum to shield Taiwan from China’s aggression by strengthening its economic ties with the US and allies earned Krach a 2022 Nobel Peace Prize nomination. Taiwan’s de facto US ambassador Hsiao Bi-khim also dubbed Krach “Taiwan’s Number One Friend.”
Taiwan’s President Tsai summed up his historic trip by saying, “Under Secretary Keith Krach’s visit exemplified the remarkable possibilities of Taiwan-US relations.”
How the Clean Network Alliance of Democracies Changed the Future of Sino-Amer...
How the Clean Network Alliance of Democracies
Changed the Future of Sino-American Competition
In early 2020, all previous US efforts to defeat China’s masterplan to control global 5G communications had failed. Their momentum seemed unstoppable, and their masterplan seemed inevitable. Both sides of the aisle were hitting the panic button.
Under Secretary of State Krach and his team took on a last-ditch effort and embarked on a global campaign to build the Clean Network Alliance of Democracies comprising like-minded countries, companies and civil society that operate by a set of democratic trust principles based on the “Trust Doctrine.” The objective was not only to defeat China’s telecom providers but to use the urgency of the 5G mission as a beachhead to create an enduring model for all areas of techno-economic competition with China.
In less than a year, the Clean Network included 60 countries, representing two-thirds of the world's GDP, over 200 telcos and a host of industry-leading companies. In the process, they invented a new transformational model of diplomacy now known as Tech Statecraft which integrates Silicon Valley strategies with traditional foreign policy tools. Perhaps most importantly, this nonpartisan model provided the unity and continuity of policy between Republican and Democratic Administrations, which is so vital to our allies. Bloomberg observed that this groundbreaking approach “is to China what George Kennan’s historic ‘long telegram’ of 1946 was to the Soviet Union.”
“The Clean Network’s defeat of the Chinese Communist Party’s masterplan to control 5G communications was the first time a U.S. government-lead initiative proved that China’s economic warfare is beatable because it exposed their biggest weakness: nobody trusts them,” said former US National Security Advisor General H.R. McMaster. “I don’t think anybody has done more to integrate economic security and national security than Keith Krach.”
Reference: Harvard Business School Case Study; The Clean Network and the Future Of Global Technology Competition
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Dedicated to Advancing Freedom and Opportunity for Microentrepreneurs
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The Trusted Tech Microfinance Partnership (TechFinance) is devoted to transforming the lives of microentrepreneurs by empowering them to participate in the digital economy, with innovative paths to earn income, gain confidence in trusted technology, and improve the quality of life for their families and communities.
The Trusted TechFinance (TTF) initiative will enable participants to access trusted technology products, online education, and training to make existing businesses more scalable and efficient and pursue a broad array of technology-enabled careers including programming, e-commerce, web design, customer service . The partnership leverages the strengths of Opportunity International (OI), as the global leader in issuing microloans to lift people out of poverty, and the Krach Institute for Tech Diplomacy at Purdue (KITD), as the leading global authority for advancing freedom through trusted technology.
The transformative power of trust is a key theme of the partnership. Opportunity International transforms lives through the power of its Trust banks and trust groups.
The Trusted Tech Microfinance Partnership (TechFinance) opens a new dimension of Opportunity International microfinancing in low-income countries, expanding beyond its education finance (EduFinance) and agriculture finance (AgFinance) microfinance initiatives. The partnership extends the Krach Institute’s global tech diplomacy mission to low-income countries, defending against technological authoritarianism and advancing freedom through the adoption of trusted technology.
The Trusted Tech Microfinance Partnership Solution
A need of this magnitude and complexity requires a multi-faceted solution on a massive scale. To have a profound impact on closing the digital divide, the strategy is designed to integrate all 4 critical success factors:
Noble Mission:
• Lift the poor out of poverty
• Economic empowerment of women
• Close the digital divide
• Adoption of trusted technology to defend against authoritarianism
• Advance freedom
Proven Scalable Model
• 50 years of history with $2.5 Billion in loans
• Sustainable business model with 98% payback rate
• Reach exceeding 250 million families, 94% women
• 38,000 on the ground partners in low-income communities
Whole Solution
• Low cost prepackaged integrated technology stack
• Global on-line training capability with the first public global on-line university
• Established in country banking capabilities with 25 financial service firms
• Proven methodology of Innovation with two existing programs
Critical Partners: Experience with; support from; and training programs for;
• Leading technology companies (Microsoft, DocuSign, Meta, Cisco, Google)
• US State Department and Commerce Department
• U.S. Development Finance Corporation (DFC), USAID, and development banks
TRUSTED TECH FINANCE INITIATIVE Dedicated to Advancing Freedom and Opportuni...
TRUSTED TECH FINANCE INITIATIVE
Dedicated to Advancing Freedom and Opportunity for Microentrepreneurs
by Closing the Digital Divide in Low-income Countries
The Trusted Tech Microfinance Partnership (TechFinance) is devoted to transforming the lives of microentrepreneurs by empowering them to participate in the digital economy, with innovative paths to earn income, gain confidence in trusted technology, and improve the quality of life for their families and communities.
The Trusted TechFinance (TTF) initiative will enable participants to access trusted technology products, online education, and training to make existing businesses more scalable and efficient and pursue a broad array of technology-enabled careers including programming, e-commerce, web design, customer service . The partnership leverages the strengths of Opportunity International (OI), as the global leader in issuing microloans to lift people out of poverty, and the Krach Institute for Tech Diplomacy at Purdue (KITD), as the leading global authority for advancing freedom through trusted technology.
The transformative power of trust is a key theme of the partnership. Opportunity International transforms lives through the power of its Trust banks and trust groups.
The Trusted Tech Microfinance Partnership (TechFinance) opens a new dimension of Opportunity International microfinancing in low-income countries, expanding beyond its education finance (EduFinance) and agriculture finance (AgFinance) microfinance initiatives. The partnership extends the Krach Institute’s global tech diplomacy mission to low-income countries, defending against technological authoritarianism and advancing freedom through the adoption of trusted technology.
The Trusted Tech Microfinance Partnership Solution
A need of this magnitude and complexity requires a multi-faceted solution on a massive scale. To have a profound impact on closing the digital divide, the strategy is designed to integrate all 4 critical success factors:
Noble Mission:
• Lift the poor out of poverty
• Economic empowerment of women
• Close the digital divide
• Adoption of trusted technology to defend against authoritarianism
• Advance freedom
Proven Scalable Model
• 50 years of history with $2.5 Billion in loans
• Sustainable business model with 98% payback rate
• Reach exceeding 250 million families, 94% women
• 38,000 on the ground partners in low-income communities
Whole Solution
• Low cost prepackaged integrated technology stack
• Global on-line training capability with the first public global on-line university
• Established in country banking capabilities with 25 financial service firms
• Proven methodology of Innovation with two existing programs
Critical Partners: Experience with; support from; and training programs for;
• Leading technology companies (Microsoft, DocuSign, Meta, Cisco, Google)
• US State Department and Commerce Department
• U.S. Development Finance Corporation (DFC), USAID, and development banks
Prosperity Partnerships for Global Trust Network .pptx
U.S Ambassadors Annual Meeting
Develop and operationalize a proactive Global Economic Security Strategy that combats economic aggression, maximizes national security, and advances prosperity and peace.
Building Prosperity Partnerships for the Global Trust Network
Prosperity Partner Toolkit
Innovation Package
Software Development Labs
B2B eCommerce
Computers and Hardware
Fin-tech security
Promoting Innovation Sector
Basic software
E-commerce
Trusted tech enabling
Business support and IT services
Financing
EXIM
DFC
MCC
USAID
Regional Development Banks
Empowerment for Women
Wharton Business School Case study; Here Comes the Sun: ESG and Dirty Solar ...
Wharton Business School Case study; Here Comes the Sun: ESG and Dirty Solar Supply
Chains, Kelly Currie & Keith Krach
There has been explosive growth in environmental, social and governance (ESG) investment. There is also a growing consciousness that unfettered investment in China’s economy has serious consequences for America’s economic and national security. It is increasingly clear that ESG investment in Chinese entities are in serious conflict, and nowhere is this conflict more evident than the supply chain for solar panels. Investors, consumers, and voters rightly want “clean” supply chains with clean labor practices for clean energy, but the ESG investment industry has failed to deliver them. Instead, as ESG investment has increased, the supply chain for solar panels has become deeply entangled in the ongoing genocide against the Uyghurs .
Clean Capital Markets Playbook
To address this massive issue, Krach and his team determined that the Clean Capital Markets Strategy necessitated a multi-faceted campaign involving Wall Street, major corporations, civil society, American universities, and consumers. When it came to ESG, this strategy presented one of the most comprehensive models for addressing the inconsistent application of ESG standards—not just on solar, but every industry under the sun. Clean Capital Markets Strategy consisted of four prongs: (1) calling out the CCP’s egregious behavior; (2) unveiling China’s financial ruses; (3) championing investors; (4) taking action.
“Clean Capital Markets”
Rather than replicating the convoluted EU regulatory approach that likely will serve as a brake on innovation and investment, U.S. policymakers should look to the Clean Capital Markets approach. Instead of controversial and complicated new disclosure schemes, policymakers should focus on targeted, achievable goals. As part of his broad push to protect the average American investor from unknowingly financing the CCP’s malign intentions, Krach developed the multi-pronged Clean Capital Markets Playbook to address the distortions that have arisen under the current system. The playbook’s targeted, common-sense recommendations may also have the added benefit of leveling the playing field for companies that play by the rules, do not benefit from slave labor or have the backing of a predatory party-state .
In April 2022, as the co-chair of the Global Tech Security Commission, Krach pens an article in Fortune “Present your China contingency plan at the next board meeting.”
Boards increasingly understand doing business with, in, or for China represents tremendous risk. The world saw the Ukrainian attack coming. The free world has come to learn that, just like Putin, General Secretary Xi is not to be trusted.
You can’t afford to get caught off guard on this one. So, prepare now. When that moment comes, and you’re not ready, it will already be too late. When the dreaded becomes inevitable, you need to develop a plan and execute on it.
Setting Traps with Strategic Positioning: Keith Krach
How to Set Traps with Strategic Positioning
Strategic Positioning = Trust
Krach observed that typically what the government calls marketing is really tactical communications focused on crisis management and public diplomacy. Private-sector marketing know-how was another unique skillset the Clean Team to build the Clean Network into a global brand and develop the marketing campaign. From a strategic standpoint, Krach believed that to enable transformational change you need three things: a noble cause, an adversary, and a plan. To inspire America’s allies and partners, the noble cause became the battle of “Freedom versus Authoritarianism,” which provided a clear differentiation from the adversary—the CCP.
The Strategic Positioning—Who Do You Trust?
The Clean Team purposefully targeted the CCP, not Huawei, because they envisioned 5G as the initial beachhead in a much bigger battle. The heart of the marketing plan consisted of the strategic positioning and three simple key messages re-enforced countless times. As Krach said during his June 25 press conference and repeated continuously, “The question that governments and businesses around the globe are asking about 5G is, ‘Who do you trust?’”
Utilizing Industry Tech Trust Standards for Strategic Advantage Krach Instit...
In Silicon Valley, we facilitate industry standards. You set the rules of the ballgame. In DocuSign we came up with a thing called the xDTM standard, which measures the level of trust in a digital transaction. And we did the same thing with a clean network trust standard and with that enabled countries and companies to do. It set that bar of trust. Without using China's name or will always name and set that bar, it was based on those democratic principles. if you think about it, if I'm competing against you and you could steal my intellectual property, you can use slave labor, you could use coal fired power plants, you don't have to be transparent. You're going to win every tack. They would do that for their strategic advantage. What we did in one jujitsu move, we flipped them on their back and use these trust principles, these democratic values to our advantage. if you think about it. We weaponized the very. Transparency of democratic values that protect our freedom.
Clean Capital Market Campaign Chinese Stocks on U.S. Stock Exchanges- Keith K...
Protecting American Investors
Keith Krach Under Secretary of State
Senior Advisor Ed KinseyDeception is not compatible with transparency. With China’s entry into the American stock markets, they have subversively challenged the roots of financial transparency, a strength of the American free-market system. The Securities and Exchange Commission (SEC) issued rulings in the 1990s which seemed appropriate for that time but did not anticipate the entry of a new form of a corporation, Chinese state-owned enterprises (SOE’s) in which the government, the regulators and the beneficiaries are all one entity. As a result, SOE’s can sell securities on the New York and NASDAQ stock exchanges without complying with the disclosure rules that American and other countries’ enterprises are required to follow. Adding full control of SOE structures to deception destroys transparency.
At the time of the original rulings, the SEC stated they found no evidence of the incompatibility of laws but noted that they need to monitor the result. This was at the infancy of the emergence of foreign regulated corporations onto the American exchanges. It’s time for the SEC to revisit its 1990’s rulings to address the current laws and circumstances.
The road to security regulation internationalization was based on the principle that all sellers played by the same rules. The continuing emergence of Chinese SOEs on the American based New York and NASDAQ exchanges is stacking the deck against American companies and intensifying the risks that investors are taking. The knowledge of China’s security standards and methods to offshore valuable American capital is wildly confusing. Even seasoned Wall Street investors and investment firms are not aware of the regulatory and motive differences.
This is a perfect storm for a catastrophic meltdown due to the collection of broad risk factors that now exist.The U.S. stock markets are the largest and most respected in the world because of the quality of the regulatory governance and transparency that surrounds them. It is our responsibility to uphold those strengths and our obligation to ensure that these markets remain strong for the future generations of Americans.
Uniquely challenging times call for strong action;
The SEC must reverse course and immediately issue new rules requiring any company that does not comply with Sarbanes-Oxley and US securities laws to be delisted from the U.S. stock exchanges within the shorter of 12 months or their next annual reporting time.
The DOL must issue a risk advisory to pension plan fiduciaries regarding the additional risks related to foreign stocks that are not compliant with U.S securities laws.
The DOJ should pursue action against PERS plan fiduciaries who have conflicts of interest with the government of China. Such actions will send a signal to warn others.
10 ESSENTIAL ELEMENTS FOR DELIVERING AN ENDURING PROVEN MODEL TO COMPETE WITH...
This document outlines 10 essential elements for delivering an enduring model to compete with China Inc. The elements include: executability, measurability, provability, affordability, practicality, scalability, repeatability, virality, marketability, and applicability. Each element is accompanied by a brief description and positive verification that the element has been achieved based on tangible results and competitive victories against Huawei and demonstrating China Inc. is beatable.
Stanford Business School Case Study on Chips & Science Act: Keith Krach
History of the $280B Bipartisan Chips and Science Act
The Chips and Science Act in essence merged the Endless Frontiers Act and the Chips for America Act. Those two pieces combined with what we put in the Bill for Economic Statecraft probably makeup 95% of the bill. This legislation was a vital element of our mission to develop and operationalize a Global Economic Security Strategy that would drive economic growth, maximize national security and combat China’s techno-economic aggression.
• The Global Economic Security Strategy (GESS) integrated three distinct pillars of action consisting of turbocharging economic competitiveness and innovation, safeguarding America’s assets and building a network of trusted partners.
o The first pillar focused on investing in R&D, retraining the workforce, increasing access to capital, fostering STEM education, and rebuilding the manufacturing base, all of which were incorporated in his team’s early design of the $280B bipartisan Chips and Science Act.
o The second pillar concentrated on protecting technology from our strategic adversaries, securing supply chains, strengthening IP protections, and preserving the gold stand of our capital markets. The $12B onshoring of TSMC was a direct result of the plan.
o The third pillar created the Trust Doctrine to build the Clean Network Alliance and companies for driving the adoption of trusted technology. The 5G Trifecta which included TSMC was the opening salvo in defeating China’s 5G masterplan. The Endless Frontier Act was initially conceived in November 2019 and presented to Senators Schumer and Young to authorize about $150 billion for boosting investment in high-tech research vital to our national security in 10 tech-intensive industries. The bipartisan legislation which was introduced a few months later.
o The strategic plan we presented to senators and congressmen demonstrated how to grow this critical high-tech research investment to $500 billion with matches from the private sector and our closest technological allies. We later validated this and garnered significant interest from companies and countries that became members of the Clean Network.
The CHIPS Act portion of the Chips and Science Act was derived from our combined State and Commerce Department team’s historic $12 billion onshoring of Taiwan Semiconductor Manufacturing Company (TSMC), which appropriated nearly $53 billion to bring back American semiconductor manufacturing.
o Our strategy was for the TSMC announcement to serve as a stimulus that would lead to the fortification of a trusted supply chain by attracting TSMC's broad ecosystem of suppliers, persuading other chip companies to produce in U.S. and inspiring universities to develop chip engineering.
TSMC was the crucial catalyst to design a bipartisan bill providing the necessary funding. That is why we reached out to Senator Cornyn and Warner.
Strengthening U.S.-Taiwan Relations to Advance Freedom: 2021 Yushan Forum; Ke...
Founder and Chairman of the Center for Tech Diplomacy at Purdue (CTDP) and former Under Secretary of State, Keith Krach, addressed this year's Yushan Forum on the topic of Strengthening U.S. - Taiwan Relations to Advance Freedom.
Highlights of Krach's address include:
His mission was to strengthen global support for Taiwan. Krach believes that strategy equals sequence--was comprised of six sequential moves. The first was to bolster support for countries that have the courage to still recognize Taiwan. The second was to create a Taiwan win for the United States. The third was to build a foundation of trusted relationships. And then the fourth and the fifth that was to establish a formal economic partnership as broad as possible and then establish a technology partnership as deep as possible. And then the final one was to lay the groundwork for a formal trade relationship.
Selected excerpts:
It's an honor to be back with my Taiwan friends. You know what I've come to know in my 40 year career as a businessman and later as a diplomat that Taiwan is an indispensable partner in advancing freedom, and it demonstrates the power of free markets and democracy as a counterweight to authoritarian states. And I'm here because of my love for the Taiwanese people and the many friendships I've made along the way. We have a lot of common bonds, common values. We are built of similar stuff. Tough, honest, hardworking, creative, and independent, and we're both founded on the belief in freedom and the pride moving forward.
Purdue Tech Diplomacy Center
About the Center for Tech Diplomacy at Purdue:
The Center for Tech Diplomacy at Purdue (CTDP) is the world’s preeminent institution focused on tech statecraft, a new model of diplomacy that bridges the high-tech sector with the foreign policy and national security sectors to ensure trusted technology is used to advance freedom. The Center’s nonpartisan model focuses on rallying our allies, leveraging the innovation of the private sector, and amplifying democratic values based on trust. CTDP leverages Purdue University’s strength in innovation, deep expertise in technology and global prowess in educating transformational leaders combined with its uniquely qualified members’ battle-tested track record in building market leading high-tech companies, onshoring strategic supply chains, building global networks based on trust, architecting and operationalizing of successful global economic security strategies and applying Silicon Valley strategies to defeat the CCP’s 5G masterplan. “China’s techno-economic aggression presents a serious threat to the United States and the free world, especially when it comes to advanced technologies, like 5G, AI, semiconductors, and others,” Secretary Panetta stated. “The key to securing freedom is securing high tech through widespread adoption of trusted technologies. The Clean Network pioneered a trust-based model for countering authoritarian aggression across all areas of techno-economic competition. I support the adoption of that successful model by the Center for Tech Diplomacy at Purdue in its noble mission, and I am honored to join its Advisory Board.”“Purdue is best known for its technology innovation and grooming values-based transformational leaders of tomorrow who have had a profound impact on the world,” said Keith Krach, Chairman of the Center for Tech Diplomacy at Purdue. “Tapping into the genius of transformational leaders like General McChrystal and Ambassador Hormats is central to our nonpartisan mission of creating a new model of diplomacy, now known as Tech Statecraft, where trust is the coin of the realm.” “The Center has created the new category of Tech Statecraft by building the Global Trust Network that bridges the worlds of high tech and foreign policy in order to ensure trusted technology is used to advance freedom rather than authoritarianism,” said General McChrystal. “I’m thrilled to join the Center for Tech Diplomacy, which has rapidly become the foremost authority on securing freedom through Tech Statecraft.”
Harvard Business School Case- Trusted Clean Network - Keith Krach
The Clean Network turned the tide on Huawei and the CCP’s 5G master plan and in the process, proved that China Inc. is beatable and most meaningfully, exposed its biggest weakness— lack of trust. Krach’s team has actually executed that strategy by getting 60 countries, representing 66% of the world’s GDP, on the Clean Network and 200 Telcos on top of that. According to Bloomberg, Silicon Valley veteran Keith Krach harnessed the power of Metcalfe’s Law to build a network of nations to counter China—a notable change in tone after years in which the Trump administration pursued a go-it-alone, “America First” strategy. And says the Clean Network’s effort to create a united economic front is to China what George Kennan’s “long telegram” of 1946 was to the Soviet Union. The Wall Street Journal wrote that the Clean Network is an undisputed success and will be perhaps the most enduring foreign-policy legacy of the last four years.
Clean Network had three stated objectives: "The first objective was to prove that China Inc. is beatable by defeating the CCP’s master plan to dominate 5G which would also open the playing field and enable U.S. entrants. The second objective was to deliver an enduring model for competing with China Inc. as measured by meeting ten essential factors. The final objective was to provide a beachhead and a head-start on building a strategic platform that could be leveraged in other sectors of economic competitions, such as cloud computing, mobile applications, underwater cable, AI, IoT, clean energy, digital currency, autonomous vehicles, advanced manufacturing and biomedical engineering, electronic payments, since they all pose the same challenges.”The Clean Network serves as the crucial first step in constructing a trusted network of networks composed of like-minded countries, companies and civil society that operate by a set of democratic principles for all areas of collaboration and establishes an equitable and unifying alternative to the One Belt One Road. His Global Economic Security Strategy provides a winning bipartisan formula in addressing CCP’s long-term threat to data privacy, security, human rights, investment capital and democracy by leveraging the three big areas of U.S. competitive advantage: the strength of allies and friends, the innovation of the private sector, and the moral high ground of democratic principles.
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Diplomacy
Capital Markets
Supply Chains
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Education
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Global Tech Security Commission Detailed Overview
Global Tech Security Commission -Build a Network of Multi-Sector Leaders to Create and Implement a Global Tech Security Strategy to Safeguard Freedom Through the Adoption of Trusted
Advisory Council Krach Institute for Tech Diplomacy at Purdue
This document outlines the vision, mission, principles, objectives, and governance structure for an Advisory Council playbook. The vision is to create a global network of leaders to advance freedom through trusted technology. The mission is to build the world's most powerful advisory council dedicated to adopting trusted tech and committed to action. The objectives include assembling a diverse advisory council, organizing members into teams, providing support and resources, and establishing events. The document describes the council's opportunities, member benefits, and expectation for members to provide advice, choose initiatives, amplify the mission, and recruit partners.
The Strategy for Creating a Movement Against China’s Ideology of Genocide to...
The Strategy for Creating a Movement Against
China’s Ideology of Genocide to Maintain International Order
The world has a moral imperative to end the Xinjiang genocide because it fits the definition of punishable genocide established by the United Nations at the Convention on the Prevention and Punishment of Genocide in 1948 in response to the Nazi atrocities. With no consequences, there can be no international order.
With China’s denial despite all the evidence to the contrary, Under Secretary of State Krach determined that the government could not be effective alone in ending China’s crimes against humanity. The strategy would require an all-of-society approach in the form of a movement and would necessitate Krach being the first US official to label the Xingjian atrocities as genocide which he did in national TV broadcast on the fourth of July 2020.
Krach used the “Trust Doctrine” as the platform to create a movement the CCP’s human rights abuse that advocates shining the light of transparency and calling on—government, business, universities, pension funds, stock exchanges, financial institutions, the press, and civil society—asserting their moral responsibility and fiduciary duty to establish governance principles to prevent enabling or investing in any entities that facilitate human rights abuses. He also sent letters to all corporate CEOs, university governing boards, and leaders of civil society groups, and called for divestment.
The Athenai Institute, a student-founded nonprofit comprised of College Republicans and Democrats, has responded to this call for divestment by organizing a grassroots movement that has rapidly spread across thirty college campuses that are pressing universities to \vote with their wallets.
Washington Examiner: “Krach laid the groundwork for the Uyghur genocide university divestment movement and was the first public official in the world to refer to the persecution of Uyghurs in China as a genocide, an act of conscience that has stood the test of time and which gave hope to many in the Uyghur community that justice will be done.”
The Trust Doctrine as a Policy Framework for Maintaining International Order;...
The Trust Doctrine as a Policy Framework
for Maintaining International Order
Trust is a precondition for democracy and lasting peace. For that reason, Under Secretary of State Keith Krach was nominated for the 2022 Nobel Peace Prize for the development of the “Trust Doctrine” and its deployment to defend against technological authoritarianism, safeguard global economic security, preserve democracy in Taiwan, and protect human rights.
With the rise of authoritarianism, the Trust Doctrine, his nominators asserted, represents not just the success of these efforts toward peace, but the possibilities for an all-inclusive framework by which peace may be achieved across multiple sectors of human life.
This doctrine means every peaceful relationship must ultimately be based on trust, which in turn requires a partnership to be founded on the firm foundation of integrity, accountability, transparency, property rights, national sovereignty, reciprocity, respect for the rule of law, the environment, independent press, and human rights. These are things that the free world honors and authoritarian regimes do not. Instead, they use them to their strategic advantage by utilizing the “Power Principle,” which forgoes the necessity of shared values, and operates by coercion, co-option, concealment, bellicosity, and threats.
In one jujitsu move, the “Trust Doctrine” weaponizes the trust principles that we honor, and China doesn’t and instead of letting them abuse our trust, turns the tables by using those very principles that protect freedom against them.
Dean of Georgetown Law School William Treanor observed, “What Under Secretary of State Krach did running U.S. economic diplomacy and building the Clean Network Alliance of Democracies is of the utmost importance especially now. His use of the ‘Trust Principle’ to defend against technological authoritarianism, safeguard global economic security, preserve democracy in Taiwan, and protect human rights resonates with our core values. That’s why it’s so inspiring.”
Safeguarding the Climate, Energy Security & Human Rights by Preventing ESG In...
Safeguarding the Climate, Energy Security & Human Rights by Preventing ESG Investment in China’s Dominant Dirty Solar
The explosive growth of ESG investment in China’s domination of the Solar Industry which utilizes Uyghur slave labor and dirty coal-fired power plants has created a growing consciousness that unfettered investment in China’s economy has serious consequences for America’s economic and national security. Investors, consumers, and voters rightly want “clean” supply chains with clean labor practices for clean energy, but the ESG investment industry has failed to deliver them.
To address this massive issue, Krach and his team determined that the Clean Capital Markets Strategy necessitated a multi-faceted campaign involving Wall Street, major corporations, civil society, American universities, and consumers. When it came to ESG, this strategy presented one of the most comprehensive models for addressing the inconsistent application of ESG standards—not just on solar, but every industry under the sun. Clean Capital Markets Strategy consisted of four prongs: (1) calling out the CCP’s egregious behavior; (2) unveiling China’s financial ruses; (3) championing investors; (4) taking action.
Rather than replicating the convoluted EU regulatory approach that likely will serve as a brake on innovation and investment, U.S. policymakers are looking to the Clean Capital Markets approach. As part of his broad push to protect the average American investor from unknowingly financing the CCP’s malign intentions, the Clean Capital Markets Playbook addresses the distortions that have arisen under the current system. The playbook’s targeted, common-sense recommendations also have the added benefit of leveling the playing field for companies that play by the rules, do not benefit from slave labor, or have the backing of a predatory party-state.
As Uyghur advocate Nury Turkel observed, “Investors, consumers, and voters want a ‘clean’ supply chain for clean energy, but the ESG investment industry has failed to deliver.” Turkel has called Krach’s approach “groundbreaking.”
Wharton Business School Case study; Here Comes the Sun: ESG and Dirty Solar Supply Chains
The Strategy for Preserving Democracy in Taiwan as a Lynchpin for Internatio...
The Strategy for Preserving Democracy in Taiwan
as a Lynchpin for International Order
To the free world, a peaceful Taiwan is a lynchpin of democracy and a role model of freedom. To China’s Xi Jinping, an independent Taiwan dispels the myth that democracy is incompatible with Chinese culture, and he wants it gone. After Russia’s invasion of Ukraine, Xi Jinping’s consolidation of power at the 20th National Congress and Taiwan’s increasing dominance in semiconductor fabrication, Taiwan has never been more vulnerable and critical to international order.
As part of his mission to counter China’s potential invasion, Under Secretary of State Keith Krach designed a 6-pronged strategy to deter Beijing’s aggression by creating an economic “security blanket” around Taiwan based on the Trust Doctrine’s network of partners.
The chess moves included rallying nations that recognize Taiwan, bringing Taiwan into the Clean Network Alliance of Democracies, brokering the largest onshoring in US history with semiconductor giant TSMC, showing visible support as the most senior U.S. diplomat to visit Taiwan in 41 years, devising the Lee Economic Prosperity Partnership—a five-year economic collaboration agreement, followed by the Science and Technology Cooperation Pact, and paving the way for a Trade Agreement.
The free trade agreement creates a halo effect for U.S. private sector investment in Taiwan which clears the way for US allies to invest. Strategically, that dramatically increases the odds of allied military support if a conflict breaks out and would cause China to think twice about an invasion.
His use of the Trust Doctrine as the fulcrum to shield Taiwan from China’s aggression by strengthening its economic ties with the US and allies earned Krach a 2022 Nobel Peace Prize nomination. Taiwan’s de facto US ambassador Hsiao Bi-khim also dubbed Krach “Taiwan’s Number One Friend.”
Taiwan’s President Tsai summed up his historic trip by saying, “Under Secretary Keith Krach’s visit exemplified the remarkable possibilities of Taiwan-US relations.”
How the Clean Network Alliance of Democracies Changed the Future of Sino-Amer...
How the Clean Network Alliance of Democracies
Changed the Future of Sino-American Competition
In early 2020, all previous US efforts to defeat China’s masterplan to control global 5G communications had failed. Their momentum seemed unstoppable, and their masterplan seemed inevitable. Both sides of the aisle were hitting the panic button.
Under Secretary of State Krach and his team took on a last-ditch effort and embarked on a global campaign to build the Clean Network Alliance of Democracies comprising like-minded countries, companies and civil society that operate by a set of democratic trust principles based on the “Trust Doctrine.” The objective was not only to defeat China’s telecom providers but to use the urgency of the 5G mission as a beachhead to create an enduring model for all areas of techno-economic competition with China.
In less than a year, the Clean Network included 60 countries, representing two-thirds of the world's GDP, over 200 telcos and a host of industry-leading companies. In the process, they invented a new transformational model of diplomacy now known as Tech Statecraft which integrates Silicon Valley strategies with traditional foreign policy tools. Perhaps most importantly, this nonpartisan model provided the unity and continuity of policy between Republican and Democratic Administrations, which is so vital to our allies. Bloomberg observed that this groundbreaking approach “is to China what George Kennan’s historic ‘long telegram’ of 1946 was to the Soviet Union.”
“The Clean Network’s defeat of the Chinese Communist Party’s masterplan to control 5G communications was the first time a U.S. government-lead initiative proved that China’s economic warfare is beatable because it exposed their biggest weakness: nobody trusts them,” said former US National Security Advisor General H.R. McMaster. “I don’t think anybody has done more to integrate economic security and national security than Keith Krach.”
Reference: Harvard Business School Case Study; The Clean Network and the Future Of Global Technology Competition
About TRUSTED TECH FINANCE INITIATIVE Dedicated to Advancing Freedom and Oppo...
TRUSTED TECH FINANCE INITIATIVE
Dedicated to Advancing Freedom and Opportunity for Microentrepreneurs
by Closing the Digital Divide in Low-income Countries
The Trusted Tech Microfinance Partnership (TechFinance) is devoted to transforming the lives of microentrepreneurs by empowering them to participate in the digital economy, with innovative paths to earn income, gain confidence in trusted technology, and improve the quality of life for their families and communities.
The Trusted TechFinance (TTF) initiative will enable participants to access trusted technology products, online education, and training to make existing businesses more scalable and efficient and pursue a broad array of technology-enabled careers including programming, e-commerce, web design, customer service . The partnership leverages the strengths of Opportunity International (OI), as the global leader in issuing microloans to lift people out of poverty, and the Krach Institute for Tech Diplomacy at Purdue (KITD), as the leading global authority for advancing freedom through trusted technology.
The transformative power of trust is a key theme of the partnership. Opportunity International transforms lives through the power of its Trust banks and trust groups.
The Trusted Tech Microfinance Partnership (TechFinance) opens a new dimension of Opportunity International microfinancing in low-income countries, expanding beyond its education finance (EduFinance) and agriculture finance (AgFinance) microfinance initiatives. The partnership extends the Krach Institute’s global tech diplomacy mission to low-income countries, defending against technological authoritarianism and advancing freedom through the adoption of trusted technology.
The Trusted Tech Microfinance Partnership Solution
A need of this magnitude and complexity requires a multi-faceted solution on a massive scale. To have a profound impact on closing the digital divide, the strategy is designed to integrate all 4 critical success factors:
Noble Mission:
• Lift the poor out of poverty
• Economic empowerment of women
• Close the digital divide
• Adoption of trusted technology to defend against authoritarianism
• Advance freedom
Proven Scalable Model
• 50 years of history with $2.5 Billion in loans
• Sustainable business model with 98% payback rate
• Reach exceeding 250 million families, 94% women
• 38,000 on the ground partners in low-income communities
Whole Solution
• Low cost prepackaged integrated technology stack
• Global on-line training capability with the first public global on-line university
• Established in country banking capabilities with 25 financial service firms
• Proven methodology of Innovation with two existing programs
Critical Partners: Experience with; support from; and training programs for;
• Leading technology companies (Microsoft, DocuSign, Meta, Cisco, Google)
• US State Department and Commerce Department
• U.S. Development Finance Corporation (DFC), USAID, and development banks
TRUSTED TECH FINANCE INITIATIVE Dedicated to Advancing Freedom and Opportuni...
TRUSTED TECH FINANCE INITIATIVE
Dedicated to Advancing Freedom and Opportunity for Microentrepreneurs
by Closing the Digital Divide in Low-income Countries
The Trusted Tech Microfinance Partnership (TechFinance) is devoted to transforming the lives of microentrepreneurs by empowering them to participate in the digital economy, with innovative paths to earn income, gain confidence in trusted technology, and improve the quality of life for their families and communities.
The Trusted TechFinance (TTF) initiative will enable participants to access trusted technology products, online education, and training to make existing businesses more scalable and efficient and pursue a broad array of technology-enabled careers including programming, e-commerce, web design, customer service . The partnership leverages the strengths of Opportunity International (OI), as the global leader in issuing microloans to lift people out of poverty, and the Krach Institute for Tech Diplomacy at Purdue (KITD), as the leading global authority for advancing freedom through trusted technology.
The transformative power of trust is a key theme of the partnership. Opportunity International transforms lives through the power of its Trust banks and trust groups.
The Trusted Tech Microfinance Partnership (TechFinance) opens a new dimension of Opportunity International microfinancing in low-income countries, expanding beyond its education finance (EduFinance) and agriculture finance (AgFinance) microfinance initiatives. The partnership extends the Krach Institute’s global tech diplomacy mission to low-income countries, defending against technological authoritarianism and advancing freedom through the adoption of trusted technology.
The Trusted Tech Microfinance Partnership Solution
A need of this magnitude and complexity requires a multi-faceted solution on a massive scale. To have a profound impact on closing the digital divide, the strategy is designed to integrate all 4 critical success factors:
Noble Mission:
• Lift the poor out of poverty
• Economic empowerment of women
• Close the digital divide
• Adoption of trusted technology to defend against authoritarianism
• Advance freedom
Proven Scalable Model
• 50 years of history with $2.5 Billion in loans
• Sustainable business model with 98% payback rate
• Reach exceeding 250 million families, 94% women
• 38,000 on the ground partners in low-income communities
Whole Solution
• Low cost prepackaged integrated technology stack
• Global on-line training capability with the first public global on-line university
• Established in country banking capabilities with 25 financial service firms
• Proven methodology of Innovation with two existing programs
Critical Partners: Experience with; support from; and training programs for;
• Leading technology companies (Microsoft, DocuSign, Meta, Cisco, Google)
• US State Department and Commerce Department
• U.S. Development Finance Corporation (DFC), USAID, and development banks
Prosperity Partnerships for Global Trust Network .pptx
U.S Ambassadors Annual Meeting
Develop and operationalize a proactive Global Economic Security Strategy that combats economic aggression, maximizes national security, and advances prosperity and peace.
Building Prosperity Partnerships for the Global Trust Network
Prosperity Partner Toolkit
Innovation Package
Software Development Labs
B2B eCommerce
Computers and Hardware
Fin-tech security
Promoting Innovation Sector
Basic software
E-commerce
Trusted tech enabling
Business support and IT services
Financing
EXIM
DFC
MCC
USAID
Regional Development Banks
Empowerment for Women
Wharton Business School Case study; Here Comes the Sun: ESG and Dirty Solar ...
Wharton Business School Case study; Here Comes the Sun: ESG and Dirty Solar Supply
Chains, Kelly Currie & Keith Krach
There has been explosive growth in environmental, social and governance (ESG) investment. There is also a growing consciousness that unfettered investment in China’s economy has serious consequences for America’s economic and national security. It is increasingly clear that ESG investment in Chinese entities are in serious conflict, and nowhere is this conflict more evident than the supply chain for solar panels. Investors, consumers, and voters rightly want “clean” supply chains with clean labor practices for clean energy, but the ESG investment industry has failed to deliver them. Instead, as ESG investment has increased, the supply chain for solar panels has become deeply entangled in the ongoing genocide against the Uyghurs .
Clean Capital Markets Playbook
To address this massive issue, Krach and his team determined that the Clean Capital Markets Strategy necessitated a multi-faceted campaign involving Wall Street, major corporations, civil society, American universities, and consumers. When it came to ESG, this strategy presented one of the most comprehensive models for addressing the inconsistent application of ESG standards—not just on solar, but every industry under the sun. Clean Capital Markets Strategy consisted of four prongs: (1) calling out the CCP’s egregious behavior; (2) unveiling China’s financial ruses; (3) championing investors; (4) taking action.
“Clean Capital Markets”
Rather than replicating the convoluted EU regulatory approach that likely will serve as a brake on innovation and investment, U.S. policymakers should look to the Clean Capital Markets approach. Instead of controversial and complicated new disclosure schemes, policymakers should focus on targeted, achievable goals. As part of his broad push to protect the average American investor from unknowingly financing the CCP’s malign intentions, Krach developed the multi-pronged Clean Capital Markets Playbook to address the distortions that have arisen under the current system. The playbook’s targeted, common-sense recommendations may also have the added benefit of leveling the playing field for companies that play by the rules, do not benefit from slave labor or have the backing of a predatory party-state .
In April 2022, as the co-chair of the Global Tech Security Commission, Krach pens an article in Fortune “Present your China contingency plan at the next board meeting.”
Boards increasingly understand doing business with, in, or for China represents tremendous risk. The world saw the Ukrainian attack coming. The free world has come to learn that, just like Putin, General Secretary Xi is not to be trusted.
You can’t afford to get caught off guard on this one. So, prepare now. When that moment comes, and you’re not ready, it will already be too late. When the dreaded becomes inevitable, you need to develop a plan and execute on it.
Setting Traps with Strategic Positioning: Keith Krach
How to Set Traps with Strategic Positioning
Strategic Positioning = Trust
Krach observed that typically what the government calls marketing is really tactical communications focused on crisis management and public diplomacy. Private-sector marketing know-how was another unique skillset the Clean Team to build the Clean Network into a global brand and develop the marketing campaign. From a strategic standpoint, Krach believed that to enable transformational change you need three things: a noble cause, an adversary, and a plan. To inspire America’s allies and partners, the noble cause became the battle of “Freedom versus Authoritarianism,” which provided a clear differentiation from the adversary—the CCP.
The Strategic Positioning—Who Do You Trust?
The Clean Team purposefully targeted the CCP, not Huawei, because they envisioned 5G as the initial beachhead in a much bigger battle. The heart of the marketing plan consisted of the strategic positioning and three simple key messages re-enforced countless times. As Krach said during his June 25 press conference and repeated continuously, “The question that governments and businesses around the globe are asking about 5G is, ‘Who do you trust?’”
Utilizing Industry Tech Trust Standards for Strategic Advantage Krach Instit...
In Silicon Valley, we facilitate industry standards. You set the rules of the ballgame. In DocuSign we came up with a thing called the xDTM standard, which measures the level of trust in a digital transaction. And we did the same thing with a clean network trust standard and with that enabled countries and companies to do. It set that bar of trust. Without using China's name or will always name and set that bar, it was based on those democratic principles. if you think about it, if I'm competing against you and you could steal my intellectual property, you can use slave labor, you could use coal fired power plants, you don't have to be transparent. You're going to win every tack. They would do that for their strategic advantage. What we did in one jujitsu move, we flipped them on their back and use these trust principles, these democratic values to our advantage. if you think about it. We weaponized the very. Transparency of democratic values that protect our freedom.
Clean Capital Market Campaign Chinese Stocks on U.S. Stock Exchanges- Keith K...
Protecting American Investors
Keith Krach Under Secretary of State
Senior Advisor Ed KinseyDeception is not compatible with transparency. With China’s entry into the American stock markets, they have subversively challenged the roots of financial transparency, a strength of the American free-market system. The Securities and Exchange Commission (SEC) issued rulings in the 1990s which seemed appropriate for that time but did not anticipate the entry of a new form of a corporation, Chinese state-owned enterprises (SOE’s) in which the government, the regulators and the beneficiaries are all one entity. As a result, SOE’s can sell securities on the New York and NASDAQ stock exchanges without complying with the disclosure rules that American and other countries’ enterprises are required to follow. Adding full control of SOE structures to deception destroys transparency.
At the time of the original rulings, the SEC stated they found no evidence of the incompatibility of laws but noted that they need to monitor the result. This was at the infancy of the emergence of foreign regulated corporations onto the American exchanges. It’s time for the SEC to revisit its 1990’s rulings to address the current laws and circumstances.
The road to security regulation internationalization was based on the principle that all sellers played by the same rules. The continuing emergence of Chinese SOEs on the American based New York and NASDAQ exchanges is stacking the deck against American companies and intensifying the risks that investors are taking. The knowledge of China’s security standards and methods to offshore valuable American capital is wildly confusing. Even seasoned Wall Street investors and investment firms are not aware of the regulatory and motive differences.
This is a perfect storm for a catastrophic meltdown due to the collection of broad risk factors that now exist.The U.S. stock markets are the largest and most respected in the world because of the quality of the regulatory governance and transparency that surrounds them. It is our responsibility to uphold those strengths and our obligation to ensure that these markets remain strong for the future generations of Americans.
Uniquely challenging times call for strong action;
The SEC must reverse course and immediately issue new rules requiring any company that does not comply with Sarbanes-Oxley and US securities laws to be delisted from the U.S. stock exchanges within the shorter of 12 months or their next annual reporting time.
The DOL must issue a risk advisory to pension plan fiduciaries regarding the additional risks related to foreign stocks that are not compliant with U.S securities laws.
The DOJ should pursue action against PERS plan fiduciaries who have conflicts of interest with the government of China. Such actions will send a signal to warn others.
10 ESSENTIAL ELEMENTS FOR DELIVERING AN ENDURING PROVEN MODEL TO COMPETE WITH...
This document outlines 10 essential elements for delivering an enduring model to compete with China Inc. The elements include: executability, measurability, provability, affordability, practicality, scalability, repeatability, virality, marketability, and applicability. Each element is accompanied by a brief description and positive verification that the element has been achieved based on tangible results and competitive victories against Huawei and demonstrating China Inc. is beatable.
Stanford Business School Case Study on Chips & Science Act: Keith Krach
History of the $280B Bipartisan Chips and Science Act
The Chips and Science Act in essence merged the Endless Frontiers Act and the Chips for America Act. Those two pieces combined with what we put in the Bill for Economic Statecraft probably makeup 95% of the bill. This legislation was a vital element of our mission to develop and operationalize a Global Economic Security Strategy that would drive economic growth, maximize national security and combat China’s techno-economic aggression.
• The Global Economic Security Strategy (GESS) integrated three distinct pillars of action consisting of turbocharging economic competitiveness and innovation, safeguarding America’s assets and building a network of trusted partners.
o The first pillar focused on investing in R&D, retraining the workforce, increasing access to capital, fostering STEM education, and rebuilding the manufacturing base, all of which were incorporated in his team’s early design of the $280B bipartisan Chips and Science Act.
o The second pillar concentrated on protecting technology from our strategic adversaries, securing supply chains, strengthening IP protections, and preserving the gold stand of our capital markets. The $12B onshoring of TSMC was a direct result of the plan.
o The third pillar created the Trust Doctrine to build the Clean Network Alliance and companies for driving the adoption of trusted technology. The 5G Trifecta which included TSMC was the opening salvo in defeating China’s 5G masterplan. The Endless Frontier Act was initially conceived in November 2019 and presented to Senators Schumer and Young to authorize about $150 billion for boosting investment in high-tech research vital to our national security in 10 tech-intensive industries. The bipartisan legislation which was introduced a few months later.
o The strategic plan we presented to senators and congressmen demonstrated how to grow this critical high-tech research investment to $500 billion with matches from the private sector and our closest technological allies. We later validated this and garnered significant interest from companies and countries that became members of the Clean Network.
The CHIPS Act portion of the Chips and Science Act was derived from our combined State and Commerce Department team’s historic $12 billion onshoring of Taiwan Semiconductor Manufacturing Company (TSMC), which appropriated nearly $53 billion to bring back American semiconductor manufacturing.
o Our strategy was for the TSMC announcement to serve as a stimulus that would lead to the fortification of a trusted supply chain by attracting TSMC's broad ecosystem of suppliers, persuading other chip companies to produce in U.S. and inspiring universities to develop chip engineering.
TSMC was the crucial catalyst to design a bipartisan bill providing the necessary funding. That is why we reached out to Senator Cornyn and Warner.
Strengthening U.S.-Taiwan Relations to Advance Freedom: 2021 Yushan Forum; Ke...
Founder and Chairman of the Center for Tech Diplomacy at Purdue (CTDP) and former Under Secretary of State, Keith Krach, addressed this year's Yushan Forum on the topic of Strengthening U.S. - Taiwan Relations to Advance Freedom.
Highlights of Krach's address include:
His mission was to strengthen global support for Taiwan. Krach believes that strategy equals sequence--was comprised of six sequential moves. The first was to bolster support for countries that have the courage to still recognize Taiwan. The second was to create a Taiwan win for the United States. The third was to build a foundation of trusted relationships. And then the fourth and the fifth that was to establish a formal economic partnership as broad as possible and then establish a technology partnership as deep as possible. And then the final one was to lay the groundwork for a formal trade relationship.
Selected excerpts:
It's an honor to be back with my Taiwan friends. You know what I've come to know in my 40 year career as a businessman and later as a diplomat that Taiwan is an indispensable partner in advancing freedom, and it demonstrates the power of free markets and democracy as a counterweight to authoritarian states. And I'm here because of my love for the Taiwanese people and the many friendships I've made along the way. We have a lot of common bonds, common values. We are built of similar stuff. Tough, honest, hardworking, creative, and independent, and we're both founded on the belief in freedom and the pride moving forward.
Purdue Tech Diplomacy Center
About the Center for Tech Diplomacy at Purdue:
The Center for Tech Diplomacy at Purdue (CTDP) is the world’s preeminent institution focused on tech statecraft, a new model of diplomacy that bridges the high-tech sector with the foreign policy and national security sectors to ensure trusted technology is used to advance freedom. The Center’s nonpartisan model focuses on rallying our allies, leveraging the innovation of the private sector, and amplifying democratic values based on trust. CTDP leverages Purdue University’s strength in innovation, deep expertise in technology and global prowess in educating transformational leaders combined with its uniquely qualified members’ battle-tested track record in building market leading high-tech companies, onshoring strategic supply chains, building global networks based on trust, architecting and operationalizing of successful global economic security strategies and applying Silicon Valley strategies to defeat the CCP’s 5G masterplan. “China’s techno-economic aggression presents a serious threat to the United States and the free world, especially when it comes to advanced technologies, like 5G, AI, semiconductors, and others,” Secretary Panetta stated. “The key to securing freedom is securing high tech through widespread adoption of trusted technologies. The Clean Network pioneered a trust-based model for countering authoritarian aggression across all areas of techno-economic competition. I support the adoption of that successful model by the Center for Tech Diplomacy at Purdue in its noble mission, and I am honored to join its Advisory Board.”“Purdue is best known for its technology innovation and grooming values-based transformational leaders of tomorrow who have had a profound impact on the world,” said Keith Krach, Chairman of the Center for Tech Diplomacy at Purdue. “Tapping into the genius of transformational leaders like General McChrystal and Ambassador Hormats is central to our nonpartisan mission of creating a new model of diplomacy, now known as Tech Statecraft, where trust is the coin of the realm.” “The Center has created the new category of Tech Statecraft by building the Global Trust Network that bridges the worlds of high tech and foreign policy in order to ensure trusted technology is used to advance freedom rather than authoritarianism,” said General McChrystal. “I’m thrilled to join the Center for Tech Diplomacy, which has rapidly become the foremost authority on securing freedom through Tech Statecraft.”
Harvard Business School Case- Trusted Clean Network - Keith Krach
The Clean Network turned the tide on Huawei and the CCP’s 5G master plan and in the process, proved that China Inc. is beatable and most meaningfully, exposed its biggest weakness— lack of trust. Krach’s team has actually executed that strategy by getting 60 countries, representing 66% of the world’s GDP, on the Clean Network and 200 Telcos on top of that. According to Bloomberg, Silicon Valley veteran Keith Krach harnessed the power of Metcalfe’s Law to build a network of nations to counter China—a notable change in tone after years in which the Trump administration pursued a go-it-alone, “America First” strategy. And says the Clean Network’s effort to create a united economic front is to China what George Kennan’s “long telegram” of 1946 was to the Soviet Union. The Wall Street Journal wrote that the Clean Network is an undisputed success and will be perhaps the most enduring foreign-policy legacy of the last four years.
Clean Network had three stated objectives: "The first objective was to prove that China Inc. is beatable by defeating the CCP’s master plan to dominate 5G which would also open the playing field and enable U.S. entrants. The second objective was to deliver an enduring model for competing with China Inc. as measured by meeting ten essential factors. The final objective was to provide a beachhead and a head-start on building a strategic platform that could be leveraged in other sectors of economic competitions, such as cloud computing, mobile applications, underwater cable, AI, IoT, clean energy, digital currency, autonomous vehicles, advanced manufacturing and biomedical engineering, electronic payments, since they all pose the same challenges.”The Clean Network serves as the crucial first step in constructing a trusted network of networks composed of like-minded countries, companies and civil society that operate by a set of democratic principles for all areas of collaboration and establishes an equitable and unifying alternative to the One Belt One Road. His Global Economic Security Strategy provides a winning bipartisan formula in addressing CCP’s long-term threat to data privacy, security, human rights, investment capital and democracy by leveraging the three big areas of U.S. competitive advantage: the strength of allies and friends, the innovation of the private sector, and the moral high ground of democratic principles.
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