Gi Agreement China

The European Union and China on Monday signed a bilateral agreement for the protection of geographical indications (GIs), a label used on a product to indicate its origin. It was reported that Monday`s European Council adopted a decision on the signing of the GI agreement, the first major bilateral trade agreement that will protect the 100 geographical indications of both sides. BEIJING, July 22 (Xinhuane) — China has welcomed the European Union`s (EU) decision to allow the signing of a China-EU agreement on geographical indications (GIs), Foreign Ministry spokesman Wang Wenbin said at a press conference on Wednesday. This is China`s first high-level bilateral agreement on GIs and the first major trade agreement between China and the EU in recent years, which is “monumental,” he said. The agreement protects the names of 100 European geographical indications in China and 100 Chinese geographical indications in Europe against counterfeiting. To follow the activities and information concerning the bilateral agreements on geographical indications, please consult the corresponding page of our website After the signature of the agreement and the approval of the European Parliament, it is officially adopted by the Council. The agreement is expected to enter into force in early 2021. China and the EU on Monday signed the pioneering GI deal, which could boost trade in products between the two countries. /Getty Creative The agreement can now be signed by the parties.

Then it will require the approval of both parliaments before it can enter into force. It will also be essential to monitor how this stand-alone GI agreement interacts with the US-China Economic Agreement, with which China should ensure that any measures taken in connection with pending or future applications from another trading partner for the recognition or protection of a geographical indication in accordance with an international agreement ensure market access for US exports of goods and services n China that uses trademarks and generic terms (Art. 1.15.1). The agreement is expected to enter into force in 2021. Four years later, about 175 more GIs from both sides will be included in the agreement. . . .

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