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2021-03-03 03:44:07 GMT2021-03-03 11:44:07(Beijing Time) Xinhua English
ROME, March 2 (Xinhua) As an ambitious geographical indications agreement between the European Union (EU) and China took effect on Monday, analysts said the deal can be a win-win situation for both sides, given that it is the first step toward protecting an even wider array of goods.
The landmark agreement on geographical indications (GIs) between the EU and China protects and guarantees the authenticity of 100 GIs from each side.
GI sign is used to show the specific geographical origin of a product and identify its qualities or reputation due to that origin. It is an important type of intellectual property right and a quality guarantee.
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