MAR 25, 2022 | US | EUROPEAN UNION
US, EU Reach Preliminary Deal To Ensure Trans-Atlantic Data Flows
Inside US Trade, March 25, 2022
The US and the European Union have reached an agreement in principle on a successor to the Privacy Shield Framework to enable trans-Atlantic data flows almost two years after they began negotiations on the matter, the two sides announced on Friday.
The US and the EU are "sending a message to the rest of the world that a strong transatlantic agreement will help increase trust in the responsible movement of data across borders," said Victoria Espinel, the CEO of BSA | The Software Alliance, which describes itself as the leading advocate for the global software companies.
BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that help businesses of all sizes in every part of the economy to modernize and grow.
With headquarters in Washington, DC, and operations in more than 30 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.