President Biden said at a news conference in Brussels that the agreement included “unprecedented protections for data privacy and security for our citizens.”

To continue reading this New York Times report, go to:
nytimes.com/2022/03/25/business/us-europe-data-privacy.html

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“Privacy Shield 2.0”? – First Reaction by Max Schrems
Today Commission President Ursula von der Leyen and President Biden have announced an “agreement in principle” on a new EU-US data sharing system.
https://noyb.eu/en/privacy-shield-20-first-reaction-max-schrems

European Commission and United States Joint Statement on Trans-Atlantic Data Privacy Framework
The European Commission and the United States announce that they have agreed in principle on a new Trans-Atlantic Data Privacy Framework, which will foster trans-Atlantic data flows and address the concerns raised by the Court of Justice of the European Union in the Schrems II decision of July 2020.

The new Framework marks an unprecedented commitment on the U.S. side to implement reforms that will strengthen the privacy and civil liberties protections applicable to U.S. signals intelligence activities. Under the Trans-Atlantic Data Privacy Framework, the United States is to put in place new safeguards to ensure that signals surveillance activities are necessary and proportionate in the pursuit of defined national security objectives, establish a two-level independent redress mechanism with binding authority to direct remedial measures, and enhance rigorous and layered oversight of signals intelligence activities to ensure compliance with limitations on surveillance activities.
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_2087

United States and European Commission Joint Statement on Trans-Atlantic Data Privacy Framework
The new Framework marks an unprecedented commitment on the U.S. side to implement reforms that will strengthen the privacy and civil liberties protections applicable to U.S. signals intelligence activities. Under the Trans-Atlantic Data Privacy Framework, the United States is to put in place new safeguards to ensure that signals surveillance activities are necessary and proportionate in the pursuit of defined national security objectives, establish a two-level independent redress mechanism with binding authority to direct remedial measures, and enhance rigorous and layered oversight of signals intelligence activities to ensure compliance with limitations on surveillance activities.

The Trans-Atlantic Data Privacy Framework reflects more than a year of detailed negotiations between the U.S. and E.U. led by Secretary of Commerce Gina Raimondo and Commissioner for Justice Didier Reynders. It will provide a durable basis for trans-Atlantic data flows, which are critical to protecting citizens’ rights and enabling trans-Atlantic commerce in all sectors of the economy, including for small and medium enterprises. By advancing cross-border data flows, the new framework will promote an inclusive digital economy in which all people can participate and in which companies of all sizes from all of our countries can thrive.
whitehouse.gov/briefing-room/statements-releases/2022/03/25/united-states-and-european-commission-joint-statement-on-trans-atlantic-data-privacy-framework/

FACT SHEET: United States and European Commission Announce Trans-Atlantic Data Privacy Framework
The United States and the European Commission have committed to a new Trans-Atlantic Data Privacy Framework, which will foster trans-Atlantic data flows and address the concerns raised by the Court of Justice of the European Union when it struck down in 2020 the Commission’s adequacy decision underlying the EU-U.S. Privacy Shield framework.

This Framework will reestablish an important legal mechanism for transfers of EU personal data to the United States. The United States has committed to implement new safeguards to ensure that signals intelligence activities are necessary and proportionate in the pursuit of defined national security objectives, which will ensure the privacy of EU personal data and to create a new mechanism for EU individuals to seek redress if they believe they are unlawfully targeted by signals intelligence activities. This deal in principle reflects the strength of the enduring U.S.-EU relationship, as we continue to deepen our partnership based on our shared democratic values.
whitehouse.gov/briefing-room/statements-releases/2022/03/25/fact-sheet-united-states-and-european-commission-announce-trans-atlantic-data-privacy-framework/

EU-U.S. data agreement an important milestone for data protection, Microsoft is committed to doing our part
Today, the European Commission and the U.S. government announced an important agreement governing the transfer of data between the EU and the U.S. This new Trans-Atlantic Data Privacy Framework is designed to rebuild and strengthen the data protection bridge between the EU and the U.S. by addressing the concerns of the Court of Justice of the European Union when it invalidated the original Privacy Shield framework in 2020. Microsoft applauds the European Commission and the U.S. government for achieving this important milestone. We greatly appreciate the enormous effort required for this important step, and we look forward to doing our full part to support these new measures and ensure that the new framework’s fundamental privacy protections are fully realized.

Microsoft is committed to embracing the new framework and will go beyond it by meeting or exceeding all the requirements this framework outlines for companies. We will do this through enhancements to how we handle legal requests for customer data and providing further support for individuals concerned about their rights.
blogs.microsoft.com/eupolicy/2022/03/25/eu-us-data-agreement-an-important-milestone-for-data-protection-microsoft-is-committed-to-doing-our-part/