The European Union and the United States have tentatively agreed to end disputes over privacy rights and terror investigations Wednesday.
Negotiators reached a provisional deal on exchanging information about transatlantic air passengers, which will extend a temporary agreement set to expire next month. The E.U. has been required in the past to give Washington a maximum of 34 items of information on each passenger bound from Europe to the United States.
The deal awaits approval from 27 European Union envoys, who will consider it on Friday.
Also awaiting E.U. approval is a deal on the use of data from SWIFT, a Belgium-based banking consortium that handles millions of international transactions every day. Washington has been demanding banking information that is restricted by EU privacy regulations. Washington is now promising to protect the information more closely and use it only to investigate suspected terrorists.
Some information for this report was provided by AFP, AP and Reuters.