Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 3
3
The Government should adopt, and clearly set out, the strategic principles of a new doctrine...
Recommendation
The Government should adopt, and clearly set out, the strategic principles of a new doctrine for economic security. From our consideration of the evidence and comparisons with other jurisdictions, we recommend that this might best incorporate six core principles - the ‘6Ds’: • Diagnose and regularly share an understanding of threats to the UK’s economic security. • Develop sovereign capabilities in areas critical for UK economic security. • Diversify critical supply chains, energy sources and technology inputs to reduce risks of disruption and coercion, through combined action with allies. 92 • Defend critical and vitally significant infrastructure, other important national assets such as data, intellectual property to prevent technology leakage, and critical sectors through building resilience, especially in cyber space. • Deter threats to UK economic interests through proactive enforcement of offensive economic measures, such as sanctions, at home and abroad. • Dovetail public-private co-operation domestically and internationally, aligning and collaborating with allies, and ensuring a concerted and joined-up effort across the nation and the UK’s alliances. (Recommendation, paragraph 21)