In a recent forum held in Suzhou, Jiangsu province, officials and diplomats from China and the European Union expressed their confidence in the ongoing pragmatic cooperation and trade between the two entities. This cooperation encompasses various sectors, including trade, the economy, and agriculture, with a special focus on the landmark agreement on geographical indication (GI) protections. The agreement, signed in 2020 after extensive negotiations, is hailed as a significant milestone in maintaining the comprehensive strategic partnership between China and the EU.
Geographical indications (GIs) and their importance for EU-China trade
Geographical indications are distinctive symbols that serve to identify products whose quality, reputation, or other characteristics are intrinsically tied to their geographical origin. These designations play a crucial role in protecting intellectual property rights, preserving cultural heritage, and ensuring the authenticity of products. The China-EU GI agreement underscores both parties’ commitment to safeguarding these principles and fostering an environment conducive to free and open trade.
The agreement’s significance
Liu Qibao, Vice-Chairman of the 13th National Committee of the Chinese People’s Political Consultative Conference, emphasized the agreement’s significance, highlighting that it reflects the Chinese government’s resolute dedication to protecting intellectual property rights and enhancing economic openness. Furthermore, this agreement is a testament to the joint efforts undertaken by China and the EU to promote rules-based multilateral systems and advocate for an open world economy.
Concrete achievements
Since entering into force in March 2021, the China-EU GI agreement has achieved significant milestones. To date, it has provided protection for 100 Chinese GIs in the EU and 100 EU GIs in China, safeguarding them against imitation and misappropriation. A second list of GIs, including iconic names like “Peking duck,” was recently finalized in December, further underscoring the agreement’s efficacy.
Building trust and cooperation
John Clarke, Director-General of International Relations at the EU Directorate-General for Agriculture and Rural Development, expressed the importance of trust in negotiations. He regarded this agreement as his own child, emphasizing that the EU and Chinese negotiators built a strong foundation of trust despite the complexities of domestic backgrounds.
Cross-cultural understanding and synergies
Martha Mavrommati, the Ambassador of Cyprus to China, emphasized the cultural dimension of the agreement. She highlighted that it not only enhances economic ties but also fosters cross-cultural understanding. This deeper understanding, she noted, is pivotal in cultivating cooperation and synergies in values between China and the EU.
A win-win agreement for trade and cooperation
Bertie Ahern, former Prime Minister of Ireland, hailed the agreement as a win-win for both China and the EU. He also mentioned the comprehensive investment agreement between the two parties, which, though halted by the EU Parliament in 2021 due to “human rights” concerns, holds great potential to provide more investment opportunities for enterprises on both sides. Ahern stressed that these agreements not only benefit the bilateral relationship but also contribute to the global economic recovery and growth.
The agreement promotes trade and cooperation
The China-EU Geographical Indication Agreement stands as a testament to the strong partnership between China and the European Union. It not only protects the authenticity and quality of products but also promotes economic cooperation, cross-cultural understanding, and shared values. As both parties continue to deepen their cooperation and expand their list of protected GIs, the future holds promise for even closer ties and increased mutual benefits in trade, the economy, and agriculture. This agreement represents an example of international cooperation and the pursuit of an open world economy.