- Decision No 2/2024 of the Joint Committee of the Regional Convention on Pan-Euro-Mediterranean preferential rules of origin was published on December 19, 2024
- This decision allows for the parallel application of old and revised rules as described in Newsletter No 33/2024
- Publications have been made to enable a renewed transition phase for the parallel application of new and old rules
- A new matrix indicates which countries are currently applying which set of rules
- From January 1, 2025, the matrix published in the Official Journal C/2024/7561 will help identify the status of free trade agreements and cumulation possibilities using the labels CR, C, R
- The matrix is expected to be regularly updated in the coming weeks to reflect the latest ratification status of PEM members
- The European Commission has announced adjustments to the legal basis in the UZK-DVO for supplier declarations
- Economic operators are advised to use the transitional rules for supplier declarations for goods that have obtained origin under these rules until the legal basis is adjusted
- The German customs administration provided further details on cumulation, supplier declarations, and the parallel application of agreements in its report from December 23, 2024
- The European Commission’s website also published the Guidance on transitional rules alongside Decision No 2/24
- By January 1, 2026, only the rules of the revised PEM Convention will apply and all transitional rules will no longer be applicable
- Contracting parties that have not incorporated a dynamic reference to the PEM Convention in their free trade agreements by the end of 2025 will be excluded from cumulation
- The Swiss customs administration updated information for economic operators on December 30, 2024, which also provides insights into the EU’s approach
- Economic operators should monitor further developments, especially regarding the application status of free trade agreements and cumulation possibilities
- An updated version of the matrix is likely to be published in January 2025
- Further decisions have been published in the Official Journal but not yet updated in the matrix, including decisions regarding Algeria, the Lebanese Republic, and Turkey
Source: bta.bg
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
