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US, EU agree new deal on transatlantic transfers of personal data

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President Joe Biden on Friday said the US and EU had struck a new agreement on the transfer of personal data that would replace previous arrangements that were struck down by Europe’s top court over spying concerns.

The deal “underscores our shared commitment to privacy, to data protection and to the rule of law”, Biden said in a joint press appearance in Brussels with EU commission president Ursula von der Leyen.

He said the new deal, which was agreed in principal, would allow the EU executive to once again authorise “transatlantic data flows that helped facilitate $7.1 trillion and economic relationships with the EU,” Biden added.

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AFP

Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.




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