EU, US Attain Preliminary Deal to Keep away from Disruption in Knowledge Flows

The European Union and the USA reached a preliminary settlement to keep away from main disruption in transatlantic knowledge flows that had been jeopardised by a ruling of the EU high courtroom, the EU Fee head and the US President stated on Friday.

Knowledge transfers between the EU and the US have confronted a danger of main disruption since a ruling of the EU Courtroom of Justice in 2020 which invalidated a earlier association geared toward balancing EU privateness issues with US surveillance measures.

“At the moment, we’ve agreed to unprecedented protections for knowledge privateness and safety for residents,” Joe Biden stated in a joint information convention in Brussels with the European Fee President Ursula von der Leyen.

“I’m more than happy that we now have discovered an settlement in precept on a brand new framework for transatlantic knowledge flows,” von der Leyen stated. “This can allow predictable and reliable knowledge flows between the EU and US, safeguarding privateness and civil liberties,” she added, with out elaborating.

Knowledge privateness campaigners stated they’d examine the pact. “The ultimate textual content will want extra time, as soon as this arrives we are going to analyse it in depth, along with our US authorized consultants. If it’s not consistent with EU legislation, we or one other group will probably problem it,” stated activist Max Schrems.

© Thomson Reuters 2022

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