On 29 November 2024, the Trade Committee established by the Trade Agreement between the EU and Colombia, Peru and Ecuador updated the list of working or processing operations required to confer originating status on products manufactured from non-originating materials, in line with the Harmonised System (HS) 2022. This means that if a product is made in one of those countries using materials from outside, certain conditions must be met for the product to count as “made in” that country.
The changes will enter into force on 29 January 2025 (i.e. 60 days after its adoption) and will be published in the Official Journal, in due time.
The new Decision No 1/2024 updates the product-specific rules of origin of the Trade Agreement between the European Union and its Member States, and Colombia, Peru and Ecuador. These rules concern the definition of the concept of “Originating Products” and the methods of administrative cooperation.
Source ec.europa.eu
