TOKYO (JAPAN) – As part of discussions aimed at striking a bilateral trade agreement, Japan and Britain have agreed not to force their firms to reveal algorithms or set up local data servers, said the Nikkei on Saturday.
The new deal would pave the way for creating an global framework to protect intellectual property and ensure the free flow of data.
Both sides hope to strike a deal before Britain’s transition from the European Union expires at the end of the year.
Under the bilateral deal, the two governments would not force their companies to hand over encryption keys, which are used to protect proprietary corporate technology and information, the Nikkei said.
Despite the fact that Britain has to adhere to the Japan-EU economic pact until the year ends, Tokyo hopes to strike a deal with London before that. That would require legal checks by the government before being tabled in parliament, which could meet in coming months.
(Photos syndicated via Reuters)
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