Greek products in the EU – Japan agreement

Greek products in the EU – Japan agreement

The inclusion of Greek products such as Kalamata olive oil, kasseri and kefalograviera is foreseen in the EU-Japan trade agreement that includes 28 new protected products with Geographical Indications between the two parties.

Indeed, trade in wine will be made even easier with the renewal of the agreement by the Joint Committee set up under the Agreement a year ago, chaired by Executive Vice President Valdis Dombrovskis and Japan’s Foreign Minister Toshimitsu Motegi.

One of the most important agreements

Executive Vice President and Trade Commissioner Valdis Dombrovskis said. Together, the EU and Japan account for a quarter of the world’s GDP and our bilateral trade is worth around €170 billion a year. This agreement has made trade easier and cheaper for both EU and Japanese producers and has helped farmers and manufacturers.

Protection from counterfeiting

Our strong partnership now yields even more fruit, with 28 more traditional quality agri-food products now protected from counterfeiting. We are also facilitating trade in wine and cars, two key sectors. This is very welcome as we work to rebuild economic growth after the Covid-19 pandemic. But the EU-Italy relationship goes beyond bilateral trade. We both support open world trade rules and a strong World Trade Organisation.

A result of mutual trust

Agriculture Commissioner Janusz Wojciech- owski said: “This agreement is an excellent example of trade that benefits both sides as a result of mutual trust and close cooperation, particularly in the agri-food sector. I thank Japan for a continuously constructive and fruitful dialogue. This agreement is very positive for Japanese and European farmers and will continue to be so. After only two years since the entry into force of the agreement, an additional 28 geographical indications on both sides are now protected in our respective markets.

These products have real added value, reflecting authenticity and quality, and further reward our farmers. In addition, thanks to the recent Japanese licence for oenological practices, our European wine producers will now be able to benefit from increased export opportunities. Remember – good food is good business.”