WASHINGTON: US and EU officials expressed hope on sealing a new transatlantic data-sharing pact before a looming deadline expires to avert a potentially crippling impact on American online firms including Facebook and Google.
A US Commerce Department lawyer said Washington made “a very strong proposal” which responds to privacy concerns after Europe’s top court struck down the so-called “safe harbour” agreement last year which provided the legal basis for US Internet firms which operate in Europe.
Already a subscriber? Log in
Subscribe now and get 30% off The Star Yearly Plan
Cancel anytime. Ad-free. Unlimited access with perks.
