Canada, Japan, the Republic of Korea, the Philippines, Singapore, Chinese Taipei, and the United States of America have issued a statement on establishment of the Global Cross-Border Privacy Rules (CBPR) Forum that is aimed at multilateral cooperation in promoting trusted global data flows. The Global CBPR Forum intends to establish the Global Cross Border Privacy Rules (CBPR) and Privacy Recognition for Processors (PRP) Systems, based on APEC CBPR and PRP systems – data privacy certifications that help companies demonstrate compliance with internationally recognized data privacy standards.