The geographical indications of 24 extra virgin olive oils denominations are set to be formally protected against imitation by local competition and other imports in the European Union’s impending trade deal with China.
Safeguarding the Protected Designation of Origin (PDO) and Protected Geographical Indicator (PGI) status of the local specialties from France, Greece, Italy, Portugal and Spain came after 10 years of negotiation between the two sides.
See Also:Trade NewsOverall, there are 127 different extra virgin olive oils with a protected geographical indication in the E.U., coming from seven countries.
According to a recent study by the European Commission, extra virgin olive oils with a geographical indication are worth an estimated $326 million per annum. For the entire agricultural sector, PDO and PGI products are worth more than $80 billion each year.
“The E.U.-China agreement will therefore provide an important protection of the products’ intellectual property rights: it will safeguard against translation, transcription or transliteration, and against the use of the protected geographical indications accompanied by expressions such as ‘kind,’ ‘type,’ ‘style,’ ‘imitation’ or the like in respect of a non-originating product,” the Council of the European Union said in a statement.
Having passed through the council of 27 E.U. trade ministers, the deal will now go to the European Parliament, where it is expected to be formally ratified later in the year.
The following PDO and PGI olive oils were included in the agreement:
Sitia Lasithiou Kritis (Greece)
Sierra Mágina (Spain)
Priego de Córdoba (Spain)
Huile d’olive de Haute-Provence (France)
Vorios Mylopotamos Rethymnis Kritis (Greece)
Kalamata (Greece)
Kolimvari Chanion Kritis (Greece)
Lakonia (Greece)
Peza Irakliou Kritis (Greece)
Aprutino Pescarese (Italy)
Chianti Classico (Italy)
Toscano (Italy)
Azeite de Moura (Portugal)
Azeite do Alentejo Interior (Portugal)
Azeite de Trás-os-Montes (Portugal)
Aceite del Bajo Aragón (Spain)
Antequera (Spain)
Baena (Spain)
Estepa (Spain)
Sierra de Cazorla (Spain)
Sierra de Segura (Spain)
Siurana (Spain)
Montes de Toledo (Spain)
Aceite Campo de Montiel (Spain)
More articles on: China, import/export, Protected Designation of Origin
Dec. 14, 2024
E.U Report Predicts Stagnant Olive Oil Market
Olive oil production and consumption will be flat or slightly declining over the next ten years, a European Commission report predicts.
Mar. 22, 2024
The Growing Pains of Albania’s Ascendant Olive Oil Sector
Production has doubled in the past decade and is expected to continue to rise. Some worry that quality will not follow suit.
Dec. 16, 2024
Turkey’s Olive Sector Aims for Record $1B in Exports
Olive oil and table olive exports could bring $1 billion to Turkish producers. However, previous export bans have hampered efforts.
Oct. 31, 2024
Turkey Lifts Ban on Bulk Olive Oil Exports
The move comes when stocks are high in Turkey and non-existent in Europe. Another bumper harvest is expected.
Dec. 16, 2024
Europe and South American Countries Sign Controversial Free Trade Agreement
The Mercosur-European Union free trade deal still needs to be approved by individual countries and Europe and its parliament before coming into force.
Aug. 13, 2024
Spanish Growers Eye Indian Market for Table Olives
A report emphasizes catering to local consumer preferences to capitalize on India's rapidly expanding economy and demand for healthy foods.
Sep. 5, 2024
Bringing Peloponnesian Flavors to American Kitchens
The producer behind Kosterina believes there is a place in the American kitchen for Koroneiki olive oil produced in its place of origin and traditionally cured Greek olives.
May. 28, 2024
East Asian Producers Show Award-Winning Quality on World Stage
Producers from China and Japan combined to earn ten awards at the 2024 World Olive Oil Competition.