UK signs its first data sharing deal post-Brexit, with South Korea

UK signs its first data sharing deal post-Brexit, with South Korea

2 years ago
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https://techcrunch.com/2022/07/05/uk-signs-its-first-data-sharing-deal-post-brexit-with-south-korea/

Six years on from the referendum where the United Kingdom voted to leave the EU, and in the midst of an apparent government meltdown, the country is announcing its first international data sharing deal: it’s inked an agreement with South Korea, which will allow organizations in the UK to transfer data to the Republic of Korea, and vice-versa, without restrictions.

“Data transfers” cover any and all digital services that might be provisioned in one country but used or run in the other. It covers data in services like GPS and smart devices, online banking, research, internet services, and more. South Korea is home to two of the world’s biggest tech and specifically mobile tech companies, Samsung and LG, and already represents some £1.33 billion ($1.6 billion) in international digital trade, the UK said.

UK signs its first data sharing deal post-Brexit, with South Korea

Jul 5, 2022, 6:31pm UTC
https://techcrunch.com/2022/07/05/uk-signs-its-first-data-sharing-deal-post-brexit-with-south-korea/ > Six years on from the referendum where the United Kingdom voted to leave the EU, and in the midst of an apparent government meltdown, the country is announcing its first international data sharing deal: it’s inked an agreement with South Korea, which will allow organizations in the UK to transfer data to the Republic of Korea, and vice-versa, without restrictions. > “Data transfers” cover any and all digital services that might be provisioned in one country but used or run in the other. It covers data in services like GPS and smart devices, online banking, research, internet services, and more. South Korea is home to two of the world’s biggest tech and specifically mobile tech companies, Samsung and LG, and already represents some £1.33 billion ($1.6 billion) in international digital trade, the UK said.