Washington - Business Roundtable CEO Joshua Bolten today issued the following statement on news that the United States and the European Union have agreed in principle on a new EU-U.S. data flows framework.
“Business Roundtable commends President Biden and President von der Leyen’s announcement that the U.S. and EU have reached an agreement in principle to facilitate EU-U.S. data flows. While the details remain to be finalized and reviewed, we are encouraged by today’s announcement, which demonstrates that the U.S. and EU can solve long-standing issues to benefit businesses, workers and citizens across the Atlantic. We urge the U.S. and the EU to move with urgency to finalize and implement the new framework in consultation with industry.”