On 9 March, the modernised EU-Chile agreements on wines, spirits, and aromatised wines went into effect, strengthening bilateral trade of these items and playing an important role in agricultural trade for both sides. The updated agreements are expected to make it easier to revise them in the future to better reflect changes in protected conditions of wines, aromatised wines, and spirits in Chile and the EU.
Currently, the agreements include 1 573 wines and 235 spirit drinks and aromatised wines from the EU and 115 wines, and 10 spirit drinks and aromatised wines from Chile.
Such modification is taking place as both parties have started the process for the future entry into force of the EU-Chile Advanced Framework Agreement which provides a chapter on the protection of agricultural geographical indications (GIs). The Advanced Framework Agreement is currently being verified before the ratification process can begin.
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Details
- Publication date
- 7 June 2023
- Author
- European Innovation Council and SMEs Executive Agency