The Prime Minister’s Brexit Deal will provide the UK’s £130 billion digital sector with the certainty it needs to continue to thrive says Jeremy Wright Secretary of State fore Digital Culture Media and Sport.
“We have secured the best deal possible to protect our businesses and make sure our personal data is processed safely and securely,” says the Sec of State, “the deal will help support our talented tech innovators, future emerging technologies such as artificial intelligence, while addressing unjustified barriers to digital trade.”
The digital and tech industries employ more than 2.1 million people across the UK.
The continuation of free-flowing data is vital to both our economy and security, says the DCMS. The government estimate three-quarters of the UK’s service exports to the EU rely on data flows, so it is absolutely essential they continue unhindered post Brexit.
Many companies are now dependent on services such as cloud computing to power their services while others use data to programme and test new technology to solve problems we will face in the future – from an ageing society to curing disease.
With its commitment to protect against barriers to trade and create an open, safe and secure online environment, the deal delivers on our commitments to help new technologies evolve and encourage innovation in the economy.
The UK and EU have agreed to put in place arrangements on personal data so that it is protected and can be processed safely and securely. This will mean that once the implementation period is over, we can continue to reap the economic benefits that come from the free flow of data.
Under the Prime Minister’s deal, we have agreed with the EU to develop a future partnership that will:
Facilitate e-commerce and its growth;
Reduce unjustified barriers to digital trade in order to drive competitiveness;
Enable data to continue to flow freely; and
Drive innovation through the exchanging of information, experience and best practice on emerging technologies in the future.