New PEM rules of origin

The new Pan-Euro-Mediterranean (PEM) Rules of Origin enter into force on 1 January 2025, replacing the current transitional and old regimes with a single set of rules — this short video sets out what customs and trade compliance teams need to check before then.

Topics covered:

• What the PEM Convention is and why it is being modernised
• How the transitional PEM rules of origin (in place since September 2021 for some member states) become the sole official rules from January 2025
• The nature of the changes: more flexible, product-specific rules of origin and near-full cumulation, with some exceptions and a few more restrictive cases
• Generic preparation steps for any company: mapping the supply chain, checking Incoterms and importer/exporter status, confirming commodity codes, and identifying which PEM rules are currently used
• Different preparation workloads depending on a company's starting point — using only the old rules, using both old and transitional rules, or already using the transitional rules
• The move to EUR.1 certificates and self-certification as the available certification methods under the new rules
• The need to align with suppliers on certification under the new rules

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.