Leaders of the Asia-Pacific Economic Cooperation, which includes the heads of state for 21 member economies, reaffirmed the APEC Cross-Border Privacy Rules framework in a new Leaders' Declaration, Hunton & Williams' Privacy & Information Security Law Blog reports. "We recall the APEC Leaders 2011 Honolulu Declaration and recognize the importance of implementing the APEC [CBPR] System, a voluntary mechanism whose participants seek to increase the number of economies, companies, and accountability agents that participate in the CBPR system," the declaration states. Chinese Taipei also announced it intends to join the framework. During a press conference, U.S. President Barack Obama said, "With regard to the digital economy, we endorsed rules to protect the privacy of personal information as it crosses borders."
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