- 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: awb-international.com
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.
