During a digital summit held on Monday, the EU and China signed a bilateral settlement to guard one another’s exported food and drinks gadgets in opposition to “usurpation and imitation.”
Under the brand new deal, 100 European Geographical Indications (GIs) of regional meals designations will likely be protected, together with 100 Chinese equivalents. Among the labels secured will likely be Greek ouzo and Feta, French champagne, Irish whiskey, Italian prosciutto di Parma and the Pixian Douban.
“This agreement will contribute to do this, while also strengthening our trading relationship, benefitting our agri-food sector and consumers on both sides,” mentioned EU Commissioner for Agriculture and Rural Development, Janusz Wojciechowski.
In 2019, China was the third vacation spot for EU agri-food merchandise, reaching €14.5 billion, whereas it can be the second vacation spot of EU exports of merchandise protected as GIs.
During their assembly, China’s President Xi Jinping, the Commission’s chief Ursula von der Leyen, EU Council President Charles Michel and German Chancellor Angela Merkel, whose nation presently holds the Council’s rotating presidency, additionally agreed to hurry up the negotiations of the China-EU Bilateral Investment Treaty, in a bid to conclude talks inside this yr.
They additionally determined to determine a China-EU High Level Environment and Climate Dialogue and a China-EU High Level Digital Cooperation Dialogue, and to forge China-EU inexperienced and digital partnerships.
However, von der Leyen burdened that “a lot still remains to be done” on the subject of entry to the Chinese market and to sustainable improvement.
“For us, with market access, it is not a question of meeting half-way, but it is a question of rebalancing the asymmetry and a question of openness of our respective markets,” the Commission President mentioned at a joint press convention with EU leaders.
Brussels is protecting a hardline stance in opposition to Beijing as a result of novel Coronavirus, which many scientists imagine originated in China, and due to a brand new safety regulation on Hong Kong and the persecution of Uighur minority. It can be in search of stronger commitments on human rights and local weather change from China, the world’s prime polluter.
The assembly got here as this yr marks the 45th anniversary of China-EU diplomatic ties.
Congratulations to either side! China-EU 🇨🇳🇪🇺 signed a landmark settlement to guard the Geographical Indications of 100 of one another’s merchandise, throughout a summit between Chinese, German and EU leaders. It is China’s first complete and high-level bilateral GI settlement. https://t.co/W4c6mzwaTZ
— Mission of China (@ChinaEUMission) September 14, 2020