As of today (Monday, March 1), the EU-China bilateral agreement on protecting geographical indications (GIs) has entered into force.
The agreement protects around 200 European and Chinese agri-food names against imitation.
Among the Chinese GI products are: Pixian Douban (Pixian Bean Paste); Anji Bai Cha (Anji White Tea); Panjin Da Mi (Panjin Rice); and Anqiu Da Jiang (Anqiu Ginger).
In the course of the next four years, the agreement will expand to cover an additional 350 GI names from both sides.
Growth potential
According to the European Commission, the Chinese market has “high growth potential for European food and drinks”.
It is also the second biggest destination of EU exports of GI products, accounting for 9% by value, including agri-food products, wines and spirit drinks.
China and the EU will “now work together with many cooperation and promotion projects to ensure good implementation and enforcement of the agreement”.
Market for EU GIs around €75 billion
There are over 3,300 GIs registered in the EU. Around 1,600 non-EU GIs are also protected within the EU, due to similar bilateral agreements such as this one with China.
In value terms, the market for EU GIs is around €75 billion, or 7% of EU food and drink. GI exports of about €17 billion account for over 15% of total EU food and drink exports.