The Regional Convention on pan-Euro-Mediterranean preferential rules of origin entered into force in the Union on 1 May 2012.
Cumulation of origin
The pan-Euro-Mediterranean system of cumulation of origin allows for the application of diagonal cumulation between the
26 Contracting Parties to the Convention (1 Jan 2020)
Bosnia and Herzegovina
Croatia (now an EU Member State)
the Faroe Islands
These parties can also be summarised by the following groupings:
the European Union;
the EFTA States
Denmark in respect of the Faroe Islands;
the participants in the Barcelona Process
the participants in the European Union’s Stabilisation and Association Process (except Croatia)
Modernised and flexible Rules of Origin
The Convention envisages that the rules of origin will need to be amended in order to better respond to the economic reality and establishes procedures for the adoption of amendments. Amendments to the Convention are to be adopted by unanimous decision of the Joint Committee established by the Convention.
The process of amending the Convention started in 2012 and resulted in a new set of modernised and more flexible rules of origin, similar to
Comprehensive Economic and Trade Agreement (CETA)
Free Trade Agreement between the EU & Viet Nam,
Agreement between the EU & Japan for an Economic Partnership
the Economic Partnership Agreement between the EU & SADC EPA States,
The EU's generalised tariff preferences
Council Decision 2013/94/EU of 26 March 2012 on the conclusion of the Regional Convention on pan-Euro-Mediterranean preferential rules of origin (OJ L 54, 26.2.2013, p. 3).
The Position of the EU: Council Decision (EU) 2019/2198 of 25 November 2019 on the position to be taken on behalf of the European Union within the Joint Committee established by the Regional Convention on pan-Euro-Mediterranean preferential rules of origin as regards the amendment of the Convention