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His Excellency Arun Venkataraman, Assistant Minister of Commerce for Global Markets and Director General of the United States and Foreign Trade Services, said that the joint statement signed by the United Arab Emirates and the United States of America yesterday regarding cross-border data transfer, storage, collection and transmission smoothly to ensure global digital development is an example of the importance of strengthening bilateral cooperation in field of digital economy.
In an interview with the Emirates News Agency, WAM, Arun Venkataraman said that the statement expresses the common approach adopted by the two countries with regard to cross-border data transfer, and highlights in particular the joint commitment to ensure the transfer, collection and storage of data in a way that protects citizens.
He explained that the statement aims to prevent misuse of data and recognizes that through the interoperability system, it is possible to achieve consumer protection and maximize data opportunities to achieve benefits for society.. He stressed that the statement obligates the two governments to make efforts to ensure the security of citizens’ data and work to activate the interoperability system for data protection.
In response to a question about the actual impact of the joint statement, the US official said that the statement works to strengthen the sovereignty of countries by allowing them to continue methodologies aimed at enhancing data security and thus enhancing cross-border commercial activity, and this will benefit both countries by ensuring the protection of citizens and enhancing commercial opportunities in Multiple regions.
The US official highlighted the UAE government’s keenness to encourage creativity and enhance the uses of technology in the country.
He pointed out the keenness of the two friendly countries to strengthen their partnership in the technological fields to benefit from the resources and talents of the two countries, which will benefit the Middle East and the world.
He spoke about the expected course of cooperation between the two countries in this regard, which is based on actual data and experiences, and the expectations of the business community in the United States, according to the actual situation in the UAE.. He pointed out that the UAE is an ideal investment destination for American companies.. He stressed the importance of strengthening the long-term strategic partnership. Between the two countries.
