The United States and European Union have struck a new deal regulating cross-Atlantic data transfers, after a European court struck down a previous agreement in October.
European Justice Commissioner Vera Jourova announced the move Tuesday, saying she expects the deal to take effect in about three months.
Jourova said the deal marks the first time the United States has given the European Union "binding assurances" that public officials' access to personal information will be subject to clear limits, safeguards and oversight.
U.S. Commerce Secretary Penny Pritzker told reporters Tuesday that the deal is "central to transatlantic commerce" and also signals the closeness of the U.S.-E.U. relationship.