USCIB submitted a letter to both the U.S. Secretary of Commerce Gina M. Raimondo and the European Commissioner for Justice Didier Reynders regarding the transatlantic agreement on EU-U.S. personal data flows.
The July 14 letter, signed by a variety of sectors across the transatlantic business community, urged a swift agreement for a new, strengthened EU-U.S. framework.
The letter noted: “we were encouraged by the recent EU-U.S. Summit commitment to ‘work together to ensure safe, secure, and trusted cross-border data flows that protect consumers and enhance privacy protections, while enabling Transatlantic commerce’ and to ‘strengthen legal certainty in Transatlantic flows of personal data.’”
According to the letter, thousands of European and American companies continue to be impacted by the EU’s Court of Justice judgement that invalidated the EU-U.S. Privacy Shield Framework just over a year ago.
“USCIB’s ICT Policy Committee will continue to monitor the Privacy Shield negotiations closely and engage with appropriate U.S. Government officials given the importance of a new sustainable transfer framework agreement to reinvigorating both U.S. and EU economic and business interests,” said Barbara Wanner, USCIB vice president for ICT policy.