Renewal of the agreements this summer 2021 between the European Union and the 20 PEM countries of the Pan-Euro-Mediterranean area. The update of the agreements concerns simplifications for the attribution and attestation of preferential origin to facilitate trade and post-pandemic recovery.
List of pan-Euro-Mediterranean countries:
- Ukraine, Albania, Bosnia and Herzegovina, Montenegro, Serbia, Kosovo, North Macedonia, Georgia;
- Norway, Iceland, Faroe Islands, Liechtenstein;
- Turkey, Egypt, Israel, Jordan, Lebanon, Palestine,
Trade with the EMEP states in 2019 touched EUR 677 billion.
Glossary
- Cumulation allows products originating in one country to be processed or incorporated into products originating in another country as if they originated in the latter.
