First bilateral trade agreement signed between EU and China
Four years after its entry into force, the scope of the agreement will expand to cover an additional 175 GI names from both sides. The agreement also includes a mechanism to add more GIs after that period.
‘Important protection of the products’
A GI is a sign used on products that have a specific geographic origin and possess qualities that are due to that origin.
According to the European Council, the agreement will “provide an important protection of the products’ intellectual property rights and safeguard against translation, transcription or transliteration”.
The European Council authorised the opening of negotiations on an agreement on GIs with China in 2010.
The date and place for the signature of the agreement has not been set yet. Once signed, the agreement will then need to receive the consent of the European Parliament before it can be concluded and entered into force.
In 2019, the EU expanded its market for agri-food products in China. The value of exports grew by €4.2 billion.