WASHINGTON, D.C. — U.S. Chamber Executive Vice President and Head of International Affairs Myron Brilliant issued the following statement in response to the announcement of a new agreement for transatlantic data transfers:
“Today’s announcement is most welcome. A new agreement will provide companies of all sizes the legal certainty to transfer, analyze, and use data on both sides of the Atlantic. The ability to move data is critical in today’s digitally connected economy.
“We are grateful for President Biden and European Commission President von der Leyen’s active leadership on this issue. This new agreement demonstrates the importance of trust within the transatlantic relationship and what can be achieved through dialogue and cooperation. We look forward to working with policymakers on both sides of the Atlantic as the agreement is finalized and implemented.”