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G7 countries reach breakthrough on digital trade and data

G7 countries reach breakthrough on digital trade and data

The Hindu
Saturday, October 23, 2021 7:37 AM GMT

The deal sets out a middle ground between highly regulated data protection regimes used in European countries and the more open approach of the United States.

The Group of Seven wealthy nations agreed on a joint set of principles to govern cross-border data use and digital trade, Britain said in what was described as a breakthrough that could liberalise hundreds of billions of pounds of trade.

(Sign up to our Technology newsletter, Today's Cache, for insights on emerging themes at the intersection of technology, business and policy. Click to subscribe for free.)

Trade ministers from the G7 reached agreement at a meeting in London on Friday.

Read full story on The Hindu
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