Cumulation Of Origin Explained

Summary

The cumulation of origin under the PEM Convention allows materials from one PEM country to retain their originating status when used in another PEM country. However, the final product must undergo sufficient working or processing to gain originating status. Article 3, paragraphs 2 and 3, specify these requirements, ensuring that products meet criteria for preferential trade agreements within the PEM zone.

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Yes, I need to know what is the application of art. * para. * and * of the PEM Convention
Article *, paragraphs * and * of the PEM Convention deal with the concept of "cumulation of origin." Here's a breakdown:
- Para *: Specifies that materials originating in a PEM country are considered as originating in another PEM country if used in the manufacture of a product in that country.

- Para *: States that the final product must undergo sufficient working or processing to confer originating status.
This ensures that the final product meets the necessary criteria to benefit from preferential trade agreements within the PEM zone.
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