EU-Norway Agreement on Cumulation of Origin in GSP

Summary

The European Parliament has given consent to an agreement between the EU and Norway that updates rules for how products from developing countries are classified by origin, facilitating easier trade through a new digital registration system.
10 28.01.2019
Other
trade
economy
public administration
international relations

Key points

  • The agreement updates the trade relationship between the EU and Norway regarding how the origin of goods is determined.
  • It introduces a system where materials from the EU, Norway, Switzerland, and Turkey can be combined in production to qualify for trade preferences.
  • The agreement facilitates the transition from old 'Form A' certificates to the new Registered Exporter (REX) system.
  • This modernization is necessary to align with existing trade reforms and prevent disruptions in trade between the EU and Norway.
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