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Commissioner Věra Jourová presented with 2018 Transatlantic Business Award

12 Mar 2018
All Committees

On Friday, 9 March AmCham EU presented Věra Jourová, European Commissioner for Justice, Consumers and Gender Equality with the Transatlantic Business Award in recognition of her exceptional efforts to enhance transatlantic cooperation on a range of issues, including data protection. 

Commissioner Jourová has been instrumental in the conclusion and ongoing implementation of the 2016 EU-US Privacy Shield. The free movement of data is critical to ensuring the continued flow of trade and investment within the transatlantic economy – the largest of its kind in the world. Working in close collaboration with her US counterparts and key stakeholders, the Commissioner has also strengthened dialogue across the Atlantic.

Commissioner Jourová commented: ‘I am honoured to receive the Transatlantic Business Award. Setting up the EU-US Privacy Shield was necessary to fill a void and a win-win solution which facilitates transatlantic data flows, while providing high protection of personal data. Our work doesn’t stop now: the Privacy Shield will only be fully successful if it is monitored regularly and if all its safeguards are put in place’.

Launched in 2004, the AmCham EU Transatlantic Business Award acknowledges individuals who help strengthen and promote the EU-US economic relationship. Past winners include David McAllister MEP, Chair of the EU-US Delegation, European Parliament (2016); David O’Sullivan, Chief Operating Officer, European External Action Service (2014); The Honorable William E. Kennard, U.S. Ambassador to the EU (2012); and Christine Lagarde, French Minister for the Economy, Industry & Employment (2009).