European Union: Republic of Korea and European Union concluded negotiations on digital trade agreement including cross-border data transfer regulation

On 10 March 2025, the European Union and the Republic of Korea finalised negotiations for a Digital Trade Agreement (DTA), which includes provisions on cross-border data flows, privacy, and personal data protection. The agreement promotes trusted data flows while preventing unjustified barriers to digital trade. It also supports open government data and regulatory cooperation on data-related aspects of digital trade. The DTA complements the 2010 EU-Korea Free Trade Agreement (FTA). Following the conclusion of negotiations, the EU and Korea will proceed with formal procedures for ratification and implementation.