Space Industry and Business News  
TRADE WARS
EU-China deal to protect iconic regional products
by Staff Writers
Brussels (AFP) Nov 6, 2019

The European Union and China struck a deal on Tuesday to protect the geographic origins of 200 regional products like Roquefort cheese or Pu'er tea.

Henceforth, in trade between the global giants, consumers must trust that booze labelled as Scotch whisky comes from Scotland and Moutai liquor comes from Kweichow.

The accord makes good on promises made at the EU-China summit in April, and was finalised during a visit to China by French President Emmanuel Macron and European officials.

The food label deal comes as both sides have struggled for years to make way on a long delayed EU-China investment deal with Brussels extremely concerned about the lack of market access in China for foreign companies and the prevalence of state subsidies.

EU agriculture commissioner Phil Hogan described the deal as a "win for both parties" that would strengthen trade ties and a protect farmers and consumers.

"Consumers are willing to pay a higher price, trusting the origin and authenticity of these products, while further rewarding farmers," he said.

China is the EU's second-largest market for agricultural exports, representing 12.8 billion euros between September 2018 and August 2019.

At the moment, goods now with protected "geographical indicators" represent nine percent of this total.

Europe's list of 100 regional specialities includes many cheeses, like Spain's manchego and Denmark's danablu, as well as the wines of several French regions.

In China's 100-strong list, Shaoxing rice wine will also be protected, along with Sichuan pao cai pickles and fruits such as the Tai Po honey pomelo.

The deal will go into effect before the end of next year, after it has been ratified by EU national leaders and MEPs.

Four years later the list will be expanded to cover another 175 products from each side.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
China blasts Pompeo for 'vicious' speech against Beijing
Beijing (AFP) Oct 31, 2019
Beijing slammed US Secretary of State Mike Pompeo on Thursday for a speech it said had "viciously attacked" China. In the latest hawkish take on China by President Donald Trump's administration, Pompeo Wednesday called Beijing "truly hostile" to the United States, and vowed to ramp up pressure on China on multiple fronts. In response Beijing rounded on his comments Thursday, which it said revealed "arrogance and fear." "This deliberate distortion of the facts and slandering of China's domest ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
New printer creates extremely realistic colorful holograms

Drexel researchers develop coal ash aggregate that helps concrete cure

Las Cumbres helping to develope a Cyberinfrastructure Institute for Astronomical Data

Invention of shape-changing textiles powered only by body heat

TRADE WARS
GatorWings wins DARPA Spectrum Collaboration Challenge

EPS completes multiservice operational test, declared fully operational

China launches new communication technology experiment satellite

2nd Space Operations Squadron decommissions 22-year-old satellite

TRADE WARS
TRADE WARS
GPS III Ground System Operations Contingency Program Nearing Operational Acceptance

UK should ditch plans for GPS to tival Galileo

ISRO works with Qualcomm to develop improved geo-location chipset

Satelles, Inc. Secures $26 Million in Series C Funding Round Led by C5 Capital

TRADE WARS
Airbus inaugurates test facility for propulsion systems of the future

Pentagon, Lockheed reach $34B deal for 478 F-35s as price per aircraft drops

Japan approved for $4.5B upgrade package for its F-15Js

Rome's Fiumicino airport expansion rejected for environmental reasons

TRADE WARS
Antimony holds promise for post-silicon electronics

High performance electrical circuits made with 3D-printed plastics

Scientists tame Josephson vortices

Blanket of light may give better quantum computers

TRADE WARS
Intensified global monsoon extreme rainfall signals global warming

DLR DESIS spectrometer begins routine operations on the ISS

Ozone hole in 2019 is the smallest on record since its discovery

Tiny particles lead to brighter clouds in the tropics

TRADE WARS
Big firm products top worst plastic litter list: report

India's firecracker hub hit by anti-pollution drive

Papua New Guinea shutters polluting Chinese plant

Boom or bust: Hanoi pollution crises expose growth risks









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.