US: Testimony of Victoria A. Espinel Before the Senate Commerce Committee on “The Invalidation of the EU-US Privacy Shield and the Future of Transatlantic Data Flows”
DEC 09, 2020 | US
The rapid and seamless movement of data across borders is essential to the 21st century global economy. Cross-border data transfers allow software companies to provide new and innovative services to every sector of the economy – driving growth, enabling the technologies of the future, improving health and safety, and promoting social good. BSA supports international data transfer agreements such as the EU US Privacy Shield, data transfer frameworks such as the APEC Cross-Border Privacy Rules, and data transfer provisions in trade agreements.
Some countries are considering, or have implemented, measures that mandate data localization. Laws that require data to be stored locally, or that restrict the movement of data across borders, not only impede innovation in the development of cutting-edge technology, but also put every local business at a competitive disadvantage by limiting the services available to them. BSA advocates the adoption of trade norms to prevent data localization requirements and opposes new localization proposals and requirements in markets around the world.
The free movement of data across borders drives economic growth, development, and opportunity for all. Learn more by visiting www.globaldataalliance.org.
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