Hogan Lovells today announced the formation of the Coalition for Privacy and Free Trade. The formation of the new coalition follows the announcement by President Obama that the United States and the European Union soon will commence negotiations for a Transatlantic Free Trade Agreement (formally, the Transatlantic Trade and Investment Partnership (TTIP)), and Japan’s announcement of its intention to join the ongoing Trans Pacific Partnership (TPP) negotiations.
The objectives of the Coalition are to address the issue of non-tariff trade barriers that result from disparate privacy/data protection law frameworks around the world, and to promote interoperability and international comity between differing national frameworks. Membership is open to businesses committed to digital free trade and to the protection of personal privacy.
Read more on Hogan Lovells Chronicle of Data Protection.