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The U.S. and Europe are working to “finalize negotiations on...

The U.S. and Europe are working to “finalize negotiations on a comprehensive EU-U.S. data privacy and protection agreement that provides a high level of privacy protection for all individuals and thereby facilitates the exchange of data needed to fight crime…

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and terrorism,” said U.S. Attorney General Eric Holder and European Commission Vice President Viviane Reding. In a statement Thursday (http://xrl.us/bncfzx) after a “EU-U.S. Justice and Home Affairs Ministerial” meeting in Copenhagen, they said such an agreement will allow even closer transatlantic cooperation in the fight against crime and terrorism, through the “mutual recognition of a high level of protection afforded equally to citizens of both the United States and the European Union, and will thus facilitate any subsequent agreements concerning the sharing of a specific set of personal data.” Negotiations began in March and progress has been made in several areas, including on “important principles” such as data security, transparency of data processing and use, accountability and maintaining the quality and integrity of information. “We are likewise continuing our work on a number of domains such as purpose limitation, retention of personal data, and effective administrative and judicial redress,” the statement said.