|Author (Corporate)||European Union, Government of People's Republic of China|
Bilateral agreement between the European Union (EU) and the Government of the People's Republic of China on cooperation and protection concerning geographical indications (GIs). It became the first significant bilateral trade agreement signed between the EU and China.
Negotiations for a bilateral agreement on cooperation on, and protection of, geographical indications were launched in 2010, building on previous cooperation which resulted in a pilot project. The first step of this process was the publication in June 2017 of two lists of 100 products from each side that the other is to protect in their territory once the agreement entered into force. Talks were successfully concluded in November 2019, following a commitment expressed at the EU-China Summit earlier in the year.
The European Commission tabled proposals for Decisions on the signing and conclusion of the Agreement in May 2020. The Council of the European Union adopted the Decision on signature on 20 July. Both sides signed the agreement on 14 September 2020. The European Parliament endorsed the Agreement on 11 November, followed by the Council of the European Union on 23 November.
The agreement was expected to result in reciprocal trade benefits and demand for high-quality products on both sides. It is stipulated that four years after its entry into force, the scope of the agreement should expand to cover an additional 175 GI names from both sides. The agreement also includes a mechanism to add more geographical indications thereafter.
|Subject Categories||Business and Industry, Geography, Trade|
|Subject Tags||Agriculture, Bilateral Relations, Food | Drinks|
|Keywords||Geographical Indications (GI)
|Countries / Regions||China|
|International Organisations||European Union [EU]|