16 Dec EU and Japan to Seal Data Transfer Deal Early 2018
EU Justice Commissioner Vera Jourova recently said that the EU Commission may declare Japan’s data protection framework “adequate” as early as next year.
Jourova added that an adequacy decision would allow the flow of personal data between EU and Japan without the need for extra authorizations, thus cutting costs and red tape.
A source however, revealed that a number of differences between the two data regimes remain unresolved, such as the protection of sexual orientation and trade union membership data.
The EU and Japan also concluded the world’s largest free trade agreement earlier this month, which is expected to contribute around 30% of global output.
Source: Reuters