Jan 1, 2025 · For FTAs marked with a ‘CR’, the rules of origin of the revised PEM Convention and the transitional provisions are applicable (parallel application of the old rules of origin of the PEM Convention until 31 December 2025 and permeability from the old to the revised rules).

The Regional Convention on pan-Euro-Mediterranean preferential rules of origin (PEM Convention) was agreed in 2012 in view of establishing common rules of origin and cumulation among 25 PEM Contracting Parties and the EU to facilitate trade …

On 7 December 2023, the PEM Joint Committee adopted the new and modernised rules of origin that aims to increase trade between the European Union and neighbouring countries in the Pan-Euro-Mediterranean (PEM) region.

Aug 27, 2021 · On 25 August, the European Commission announced that as of 1 September 2021, new transitional rules of origin will become applicable within the pan-Euro-Mediterranean (PEM) area, between the EU and Switzerland, Norway, Iceland, Albania, Jordan and …

Dec 30, 2024 · The regional Convention on pan-Euro-Mediterranean (PEM) preferential rules of origin will undergo a significant shift on January 1, 2025. This update marks a pivotal change, with transitional provisions designed to modernise trade practices while ensuring smooth continuity.

The Pan-Euro-Mediterranean Convention on rules of origin aims at establishing common rules of origin among the EU and the 24 countries in the PEM zone (EFTA, Turkey, Western Balkans, Eastern Partnership countries, and Mediterranean countries).

At customs complete, we specialize in simplifying customs clearance and logistics for companies trading under the PEM Convention. Available 24/7, our multilingual team ensures efficient movement through key ports and borders, guaranteeing compliance and optimal trade processes.

Jan 7, 2025 · the new PEM rules came into force on January 1, 2025 as planned and the old PEM rules still apply as transitional provisions until December 31, 2025. The application of the transitional provisions must be ratified by each participating country in the national procedure.

Originating products must be transported from the EU to a Contracting Party of the PEM Convention (and vice-versa) or through the territories of the Contracting Parties with which cumulation is applicable without being further processed in a third country.

Jun 12, 2024 · With the revised Pan-Euro-Mediterranean (PEM) Convention rules coming into effect on 1 January 2025, companies operating in the EU, EFTA and the wider Mediterranean region face new trade compliance considerations. These updates aim to modernise and simplify trade within the PEM zone.