Preferential origin cumulation is a fascinating and complex topic which can produce long-term cost-savings for cross-border trading companies. Central to customs cost reduction strategies in the field of origin is accumulation matrix of the EU. It has been updated and we explain it here. Subscribers to the PREMIUM version can download the latest edition.
By applying the Regional Convention on diagonal cumulation in the pan-Euro-Mediterranean zone, the importer and exporter need to verify that the countries of their preference claiming choice do participate in the use of diagonal cumulation. This can be ascertained by the EU's so-called cumulation matrix. A new matrix has now been published in the Official Journal of the European Union (EU) No. ...
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