Last modified on July 16, 2024
EU-Japan deal on data flows enters into force
16 July 2024
The deal is a milestone in the joint efforts to advance the digitalisation of both European and Japanese societies and economies.
The agreement will facilitate business on both sides and deliver real benefits to companies active across most sectors, such as financial services, transport, machinery, and e-commerce. Businesses can now handle data more efficiently, without cumbersome administrative or storage requirements, in a predictable legal environment.
The entry into force of this agreement also promotes the concept of “Data Free Flow with Trust”, a guiding principle for international cooperation on data flows.
Source: The press release was published here