Deep dive into PEM rules

This round-table session takes a deep dive into the accumulation rules for preferential origin under the Pan-Euro-Mediterranean (PEM) convention, comparing the 2012 and the new 2023 rules of origin, and is relevant to anyone calculating or certifying preferential origin during the current transitional period.

Topics covered:

• Key differences between the 2012 and 2023 rules of origin, including full accumulation, duty drawback, simplified product rules, average-basis cost calculation, the increased origin tolerance, and accounting segregation
• The basic concept of originating status: wholly obtained goods versus goods sufficiently worked or processed
• The three main list-of-rules types: change of tariff heading (CTH), value added, and processing
• The three types of accumulation: bilateral, diagonal/regional, and full accumulation, illustrated with a worked Switzerland-EU example and a third-country supplier scenario
• How the 2023 rules (Article 7) treat diagonal and full accumulation, including the special position of textiles and clothing (chapters 50-63) and of Stabilisation and Association Process partners
• Changes to the proof of origin: the "accumulation applied" statement, the shift from the EUR-MED to the EUR.1 certificate, and the possibility of waiving the statement requirement

For a broader overview of the topic, please watch the full recording. The slides are available in the Resources section.

Please note that this summary was generated using AI, based on the recording and available slides.