China Eu Gi Agreement

The date and place of signature of the agreement have not yet been set. Once signed, the agreement must receive the approval of the European Parliament before it can be concluded and it can enter into force. “I am proud that this agreement is moving closer to its entry into force and reflects our commitment to work closely with our global trading partners such as China,” said Janusz Wojciechowski, Commissioner for Agriculture and Rural Development. But just accepting that a particular product is indicated geographically does not mean that all counterfeits will stop. And the agreement between the EU and China is not yet final. The European Parliament has yet to agree on this point – an institution which, these days, is not really known for its sympathy for China. Nevertheless, the authorities estimate that it will come into force in 2021 and an additional 175 GIs are expected to be added by 2025. Geographical indications have also proven to be a useful marketing tool that helps to guarantee producers higher and more stable export earnings: according to a study commissioned by the Commission in 2013, a product with a geographical indication sells on average more than double the price of a similar non-geographical indication product. In addition, China is a fast-growing market for food and beverage products in Europe. This agreement will therefore benefit European producers and should give a boost to the rural areas where these products are made. China and the EU signed the Green Infrastructure Agreement on Monday that could boost trade in products between the two countries. /Getty Creative The European Commission has just announced that the EU and China have signed a bilateral agreement to protect geographical indications from usurpation and counterfeiting. The agreement, first concluded in November 2019 and approved by the Council in July 2020, will protect 100 European gegis in China and 100 Chinese gegis in the EU.

The agreement is expected to enter into force in early 2021 and, in the next four years, the scope of the agreement will extend to 175 GI denominations of both parties. Four years after it came into force, the scope of the agreement will extend to 175 other GI denominations of both parties. The agreement also provides for a mechanism to add more geographical indications. The agreement will protect 100 European GIs and as many Chinese GIs in the EU from usurpation and counterfeiting. After the signing of the agreement and the approval of the European Parliament, it will be officially adopted by the Council. The agreement is expected to enter into force in early 2021. The Council today took decisions on the signing of the agreement between the European Union and the Government of the People`s Republic of China on geographical indications (G.G. Both China and the EU are interested in creating new business opportunities, and the hope is that this agreement will boost sales of EU products to China and Chinese products to EU countries. This is why a mutual recognition agreement of 200 European and Chinese GIs (pdf) signed today between the European Union and China is important. The Chinese authorities recognized champagne as GI in 2013 and previously ten other European GIs, but this is the first comprehensive agreement between the two nations on the PGI and the “first major bilateral trade agreement signed between the EU and China” before negotiating a major investment agreement.

On Monday, China and the EU signed the Green Infrastructure Agreement. But what exactly does this mean and how will it benefit both parties if they move forward? A GI is a distinctive feature for products with a specific geographical origin and with qualities or reputation due to that origin. The EU-China agreement will therefore offer significant protection of the intellectual property rights of products: it protects against translation, transcription or transliteration and against the use of protected geographical indications that are accompanied by expressions such as `species`, `type`, `style`, `imitation` or any other non-original product.