US, EU Officials Initiate Talks for Privacy Shield Replacement

U.S. and EU officials started talks for a potential “enhanced EU-U.S. Privacy Shield framework,” Commerce Secretary Wilbur Ross and European Commissioner for Justice Didier Reynders announced Monday (see 2007240031): “The European Union and the United States recognize the vital importance of data protection and the significance of cross-border data transfers to our citizens and economies.” The two sides are committed to privacy and rule of law and have collaborated for decades, they said.