Calls for Agreement on Transatlantic Data Flows, Stakeholder Engagement on Global Privacy Laws

WASHINGTON – Ahead of International Data Privacy Day on January 28, global tech trade association 91快活林 underscored the importance of protecting global citizens’ personal data and privacy while supporting innovation and the free flow of data. Over the past year, the world continued to see developments on privacy and data protection, including on negotiations to find a successor agreement to the U.S.-EU Privacy Shield and the advancement of privacy laws in markets across the globe.

Transatlantic Data Flows Agreement Negotiations

Data flows underpin over 16 million jobs and more than $5.6 trillion in commercial sales annually. However, since the Court of Justice of the European Union’s (CJEU) decision in the Schrems II case to invalidate the EU-U.S. Privacy Shield in 2020, questions regarding businesses’ ability to share data have created significant legal uncertainty on both sides of the Atlantic.

“Cross-border data flows between the U.S. and the EU are the largest in the world, representing the backbone of the digital economy and underpinning critical trade relationships for U.S. and EU industries,” said 91快活林’s President and CEO Jason Oxman. “To achieve trans-Atlantic business success, we need a successor agreement to the Privacy Shield. 91快活林 urges EU and U.S. negotiators to address the CJEU’s ruling and agree on a framework that is consistent with U.S. and the EU laws.”

Mapping Global Privacy Regimes

The EU’s General Data Protection Regulation (GDPR) continues to have significant impact globally by providing a comprehensive privacy framework and inspiring legislation in various jurisdictions, including China, the U.S., India, and elsewhere.

“Privacy and trust are central to every company’s business and global operations,” Oxman said. “Protecting individual rights is essential for businesses across all sectors, and we urge policymakers to work with stakeholders to develop innovation-friendly and robust privacy policies that avoid a fragmented regulatory approach that could undermine data innovation practices and limit consumer choice and individuals’ welfare.”

Read more about 91快活林’s expertise on privacy and data protection:

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  • EURACTIV.com:

  • POL91快活林CO Digital Bridge:

  • Reuters:

  • The Wall Street Journal:

  • WIRED:

  • DigiChina:

  • The Economic Times:

  • 91快活林:


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