Decision 2024/2989 - EU position within the Joint Committee EU-Denmark/Faroe Islands with regard to a decision concerning the amendment of Protocol 3 to that Agreement as regards permeability between the Regional Convention on pan-Euro-Mediterranean preferential rules of origin and the Transitional rules of origin

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1.

Current status

This decision is in effect from November 21, 2024 until December 31, 2025.

2.

Key information

official title

Council Decision (EU) 2024/2989 of 21 November 2024 on the position to be adopted on behalf of the European Union within the Joint Committee established by the Agreement between the European Community, of the one part, and the Government of Denmark and the Home Government of the Faroe Islands, of the other part, with regard to a decision concerning the amendment of Protocol 3 to that Agreement as regards permeability between the Regional Convention on pan-Euro-Mediterranean preferential rules of origin and the Transitional rules of origin
 
Legal instrument Decision
Number legal act Decision 2024/2989
Regdoc number ST(2024)13289
Original proposal COM(2024)342 EN
CELEX number i 32024D2989

3.

Key dates

Document 21-11-2024; Date of adoption
Effect 21-11-2024; Entry into force Date of document See Art 2
End of validity 31-12-2025; See Art. 2

4.

Legislative text

 

Official Journal

of the European Union

EN

L series

 

 

2024/2989

3.12.2024

COUNCIL DECISION (EU) 2024/2989

of 21 November 2024

on the position to be adopted on behalf of the European Union within the Joint Committee established by the Agreement between the European Community, of the one part, and the Government of Denmark and the Home Government of the Faroe Islands, of the other part, with regard to a decision concerning the amendment of Protocol 3 to that Agreement as regards permeability between the Regional Convention on pan-Euro-Mediterranean preferential rules of origin and the Transitional rules of origin

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 207(4), first subparagraph, in conjunction with Article 218(9) thereof,

Having regard to the proposal from the European Commission,

Whereas:

 

(1)

The Agreement between the European Community, of the one part, and the Government of Denmark and the Home Government of the Faroe Islands, of the other part (the ‘Agreement’) was concluded by the Union by Council Decision 97/126/EC (1) and entered into force on 1 January 1997.

 

(2)

Pursuant to Article 34 of the Agreement and to Article 4 of Protocol 3 to the Agreement, the Joint Committee established under Article 31 of the Agreement (the ‘Joint Committee’) may amend the provisions of that Protocol.

 

(3)

At its next meeting, the Joint Committee is to take a decision on an amendment of Protocol 3 to the Agreement.

 

(4)

It is appropriate to establish the position to be adopted on the Union’s behalf within the Joint Committee as the decision of the Joint Committee will have legal effects.

 

(5)

The Regional Convention on pan-Euro-Mediterranean preferential rules of origin (the ‘Convention’) was concluded by the Union by Council Decision 2013/94/EU (2) and entered into force in relation to the Union on 1 May 2012. By Decision (EU) 2019/2198 (3), the Council supported the amendment of the Convention providing for a new set of modernised and more flexible rules of origin (the ‘amendment of the Convention’). The amendment of the Convention will enter into force on 1 January 2025.

 

(6)

At the technical meeting held in Brussels on 5 February 2020, the majority of the Contracting Parties to the Convention agreed to implement an alternative set of rules of origin, based on the amendment of the Convention on a transitional, bilateral basis (the ‘Transitional rules’). The Transitional rules apply in parallel with the rules of the Convention, pending the entry into force of the amendment of the Convention.

 

(7)

The application of the Transitional rules ensures the adaptation of the trade flows and customs practices pending the entry into force of the amendment of the Convention.

 

(8)

Since 1 September 2021, a number of bilateral protocols on rules of origin among several Contracting Parties to the Convention (4) have entered into force, rendering the Transitional rules applicable. As regards the Kingdom of Denmark (‘Denmark’) and the Faroe Islands, Protocol 3 to the Agreement was replaced by a new Protocol 3 by Decision No 1/2021 of the EC/Denmark-Faroe Islands Joint Committee (5). The Transitional rules are set out in Appendix A to that new Protocol 3.

 

(9)

The objective of the Transitional rules is to provide for less strict rules, making it easier for goods to qualify for preferential originating status. As the Transitional rules are, in general, less strict than those of the Convention, goods fulfilling the rules of origin set out in the Convention could also qualify as originating under the Transitional rules, with the exception of certain agricultural products classified under...


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This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

Sources and disclaimer

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