The document discusses clusters, foreign direct investment (FDI) policies, and competitiveness strategies in the Basque Country. It provides an overview of the Basque Country's cluster program and policies since the 1990s which aimed to address economic decline and upgrade competitiveness. More recently, the Basque Country implemented its Research and Innovation for Smart Specialisation strategy (RIS3) to focus resources and investments on key priorities. The strategy identified priority domains like advanced manufacturing, energy, and high technology. It emphasizes public-private partnerships and cross-cluster cooperation. The role of clusters in FDI policy is also examined, with clusters helping to identify investment opportunities and strengthen value chains.