The New York Times reports on efforts to create the Transatlantic Trade and Investment Partnership (TTIP) and concerns about U.S. and EU differences on key issues, including data protection. Officials have indicated they hope to reach an agreement by November 2014. However, Douglas J. Elliott of the Brookings Institution is quoted as suggesting there will be “maybe a one-in-three chance TTIP will happen.” While the potential deal is considered important from a trade perspective, the report states, data-sharing and privacy concerns remain, especially in light of the recent NSA headlines. Hogan Lovells Partner Christopher Wolf told the Daily Dashboard, “Once the dust settles over this current flap, I think that on both sides of the Atlantic there will be a recognition that the issue of national security and law enforcement access is an important one, but is a political one…not entirely germane to the central issue of encouraging commerce and innovation and the need for cross-border data flows. In addition, as we pointed out in our recent whitepaper on national security access to data in the cloud, the judicial approval and legislative oversight required under FISA provide more procedural protections than many countries in the EU.” (Registration may be required to access this story.)
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