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.
Original Posting: https://insidetrade.com/daily-news/us-eu-reach-preliminary-deal-ensure-trans-atlantic-data-flows
ABOUT BSA
The Business Software Alliance (www.bsa.org) is the global trade association of the enterprise software industry, representing companies that are leaders in artificial intelligence, cybersecurity, cloud computing, quantum, and other breakthrough technologies. We work in over 20 markets in the US, Europe, and Asia, advocating for policies that build trust in technology so that every industry sector and the public can benefit from innovation.