PEM Convention on Rules of Origin
Tariff classification
PL: Konwencja PEM o regułach pochodzenia | DE: PEM-Übereinkommen über Ursprungsregeln
Definition
The PEM (Pan-Euro-Mediterranean) Convention on rules of origin enables diagonal cumulation between parties in the EU's network of trade agreements (EU, EFTA, Turkey, Mediterranean, Western Balkans, Faroe Islands). Diagonal cumulation means materials originating in one party country can be used in production in another party country without losing preferential origin status.