European officials are expected to approve a new agreement with the United States aimed at helping companies like General Electric and Google, among others, move online data between the two regions despite concerns about how the digital information of Europeans may be retrieved by the American government.

The decision, according to a draft of the agreement obtained by The New York Times, is based on renewed assurances by United States officials that Europeans’ data will be sufficiently protected when it is transferred outside the 28-member bloc.

Many of Europe’s national privacy regulators had raised concerns that the new agreement, known as the E.U.-U.S. Privacy Shield, did not go far enough to protect Europeans’ fundamental rights. They said the bulk collection of Europeans’ data by United States and European intelligence agencies failed to comply with the region’s data protection rules

But in the lengthy document, with several letters from American officials, including new explanations of United States privacy safeguards by Robert Litt, general counsel of the United States Office of the Director of National Intelligence, the European Commission said it was satisfied that Europeans’ data would not be unfairly used or retrieved by American intelligence agencies.