Secretary Gina M. Raimondo has issued the following statement regarding the announcement today by Canada, Japan, the Republic of Korea, the Philippines, Singapore, Chinese Taipei, and the United States of America, on the establishment of the Global CBPR Forum:

“The establishment of the Global CBPR Forum reflects the beginning of a new era of multilateral cooperation in promoting trusted global data flows that are critically important to our modern economy. The Global CBPR Forum intends to establish the Global Cross Border Privacy Rules (CBPR) and Privacy Recognition for Processors (PRP) Systems, first-of-their-kind data privacy certifications that help companies demonstrate compliance with internationally recognized data privacy standards. At the same time, the new Forum will facilitate trade and international data flows and promote global cooperation, building on our shared data privacy values while recognizing the differences in our domestic approaches to protecting data privacy. With this unique approach founded on creating practical compliance tools and based on cooperation, we can make the digital economy work for consumers and businesses of all sizes alike.”