Latest news and stories about digital trade in Portugal for expats and residents.
Brazil's vice-president, Geraldo Alckmin, welcomed today the liberalisation of data flows with the European Union (EU), saying it will 'stimulate' reciprocal investments and strengthen the trade agreement between the European and South American blocs (Mercosur).
According to Brussels, the joint decision will benefit 670 million consumers.
The European Union (EU) and Brazil have today completed mutual recognition and adequacy steps to create the world's largest area of free and secure data flows, benefiting 670 million consumers, Brussels announced.
The move is expected to deliver cost savings, legal certainty and stability for European companies already operating in Brazil and for Brazilian companies expanding their activities into the EU market.
