This Decision amends the Regional Convention on pan-Euro-Mediterranean preferential rules of origin, introducing transitional provisions for the new set of modernized rules that will come into force on January 1, 2025. The act ensures continuity in trade relations between Contracting Parties during the transition period.The Decision introduces several key changes to the Convention’s structure. It adds Article 42 to Appendix I, which establishes transitional provisions valid until December 31, 2025. It also modifies Article 8 of Appendix I to allow for specific cumulation rules for goods under certain Harmonized System chapters.The main provisions include:
- Previous rules will remain applicable in parallel with new rules until December 31, 2025
- Proofs of origin issued before January 1, 2025, will be accepted for preferential treatment if goods are in transit or under customs control
- Movement certificates EUR.1 must include the statement ‘REVISED RULES’ in box 7
- Contracting Parties must report every four months on their progress in updating bilateral protocols
- Special cumulation provisions for goods classified under Chapters 1, 3, 16, and 25-97 of the Harmonized System