WIPO reports about the accession of the European Union to the Geneva Act of the Lisbon Agreement on Appellations of Origin and Geographical Indications. The Agreement will come into force on 26.02.2020. In that way, every owner of European geographical indication in the EU will be able to apply for international protection in all Member States of the Agreement based on one application managed by WIPO. This by itself reduces significantly the time and money needed for such a registration process.
For more information here.