India pushes for data-secure status from EU
India says it will only agree to a free trade agreement (FTA) with the European Union if the latter decides to accord the Asian economic giant data-secure destination status.
In a report by the Economic Times on Monday, the country has linked the FTA negotiations with achieving data-secure status as it understands the boost the recognition will give to its business process outsourcing (BPO) industry.
India currently has no access to sensitive data such as intellectual property or patient information required for telemedicine from the EU. This is because it is not considered a data secure market and data protection laws prohibit the transfer of such information, the report noted.
- Mon, 2013-05-13 02:00
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