E.U. Hoping New Data Protection Under GDPR Will Have Global Impact
Credit:
When negotiating future trade deals, the European Union will maintain its commitment to protect citizens' rights over their personal data according to language in draft text a year in the making and just shared by the European Commission with the Union's parliamentarians and member governments.
At the same time, the Commission also reiterated its intention to keep cross-border data flows as open as possible within the E.U. in order to stop individual countries from invoking protectionist measures.
Sounds dry, but these are critical concerns for every member country and every company doing business in the E.U. as the deadline nears for implementation of the General Data Protection Regulation, which takes effect on May 25th.
