Us Eu Sign Breakthrough Agreement on Us Beef Access in Eu
President Joe Biden at a joint printing statement with European Committee President Ursula von der Leyen at the US. Mission in Brussels, Kingdom of belgium, Friday. (Reuters)
BRUSSELS: The European Union and United States fabricated a quantum in their years-long boxing over the privacy of information that flows beyond the Atlantic with a preliminary agreement Friday that paves the way for Europeans' personal information to be stored in the The states.
President Joe Biden and European Committee President Ursula von der Leyen announced the deal during Biden's end in Brussels while on a European tour among Russian federation's state of war in Ukraine.
Business groups hailed the announcement, saying it will provide relief to thousands of companies, including tech giants like Google and Facebook, that faced doubt over their power to send data between the U.S. and Europe, which has much stricter regulations on information privacy.
The agreement came hours after European union officials agreed on sweeping new digital rules to rein in the power of big tech companies such every bit Facebook and Google.
"Today we've agreed to unprecedented protections for data privacy and security for our citizens," Biden said. "This new arrangement volition enhance the Privacy Shield framework, promote growth and innovation in Europe and the United States, and help companies - both small and large - compete in the digital economy."
Von der Leyen said the agreement "will enable predictable and trustworthy information flows between the Eu and the U.S., safeguarding privacy and civil liberties."
The data includes "any information that we voluntarily provide or generate when using services and products online," said Alexandre Roure, an official with the tech trade group CCIA. That includes names, ID numbers and geolocation data, online identifiers similar IP addresses and emails, and other data that tech companies employ to target ads.
The deal stems from a complaint filed a decade ago by Austrian lawyer and privacy activist Max Schrems, who was concerned about how Facebook handled his data in light of revelations about U.South. government cybersnooping from quondam U.s. National Security Agency contractor Edward Snowden.
Along the way, a ruling by the EU'southward top court struck downwardly the Privacy Shield understanding covering transatlantic data transfers because it barbarous afoul of stringent data privacy standards in the 27-nation bloc. Companies were forced to rely on stock legal contracts to proceed the transfers, while some scrambled to localize their data or suspend transfers.
In a joint statement, the U.S. and EU said the agreement addresses concerns raised by the court, with the U.S. bringing in reforms to beefiness up privacy and civil liberties protections "applicable to signals intelligence activities," referring to the collection of emails, text letters and other electronic communications by intelligence agencies.
The U.S. will put in place "new safeguards to ensure signals surveillance activities are necessary and proportionate in the pursuit of defined national security objectives," the statement said.
The dispute had raised the prospect that Facebook would take to revamp its data centers to ensure European data is kept out of the U.Due south.
The new agreement "will aid go on people connected and services running," Facebook head of global diplomacy Nick Clegg tweeted. "It will provide invaluable certainty for American & European companies of all sizes, including Meta, who rely on transferring information quickly and safely."
Google said information technology commended the piece of work by the Eu and U.Southward. to "safeguard transatlantic data transfers."
Schrems said the latest deal could get tied up in the courts considering his Vienna-based group NOYB would analyze it in depth and challenge anything that'south not in line with Eu law.
"Customers and businesses face more years of legal uncertainty," Schrems said.
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Source: https://timesofindia.indiatimes.com/world/us/us-eu-sign-data-transfer-deal-to-ease-privacy-concerns/articleshow/90449085.cms
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