4. Strengthen public-private collaboration on cyber resilience in context of future crises or conflicts. 5. Foster the growth of sustainable, innovative and internationally competitive cyber and information security sectors, harnessing quality products and services to meet the needs of government and the wider economy. 6. Build a broader understanding of the threat posed by the irresponsible proliferation and use of advanced commercial cyber capabilities. 7. Discuss current and anticipated cyber regulation, balancing the need for safety and innovation. Where possible, assist in realising harmonisation of regulation and standards to generate crossborder value creation. 8. Where practicable, expand cooperation to include like-minded organisations with shared values. Paragraph 3 Implementation and Governance 1. The Participants intend to implement the MoC through existing channels of engagement, bringing in relevant senior officials and experts as needed and where relevant. 2. The Participants will oversee the implementation of the MoC using relevant channels, including public and private engagements. 3. Any dispute arising out of the implementation of this MoC will be settled amicably through consultation between the Participants. Paragraph 4 Commencement, Duration, Modification and Discontinuation 1. This MoC is not legally binding and does not give rise to any rights or obligations under domestic or international law, nor does it preclude any new areas of cooperation as identified by the Participants. 2. This MoC will commence on the date of its signature by the Participants. Each Participant may discontinue this MoC by giving written notice to the other Participant of the intention to discontinue three (3) months in advance. 3. This MoC may be modified at any time in writing by mutual consent of the Participants. Such modification will commence on the date mutually determined by the Participants and form an integral part of this MoC. 4. The discontinuation of this MoC will not affect the ongoing collaboration activities unless otherwise decided by the Participants. The foregoing represents the recognitions reached between the National Cyber Advisory Board of the United Kingdom and Keidanren (Japan Business Federation) on the matters referred to therein. Signed in London, United Kingdom on 17 January 2024, in two originals in English, both copies having equal value.

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