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On November 29, 2024, the Trade Committee under the Trade Agreement between the EU and Colombia, Peru, and Ecuador approved updates to the working and processing operations required to grant originating status to products made with non-originating materials. These changes align with the 2022 version of the Harmonized System (HS). Essentially, this means that products manufactured in these countries using materials from outside must meet specific conditions to be considered as “made in” that country.

Implementation Timeline

The updates will take effect 60 days after adoption and will be officially published in the EU’s Official Journal in due course.

Key Changes

The Trade Committee Decision revises the product-specific rules of origin within the Trade Agreement between the EU, its Member States, and Colombia, Peru, and Ecuador. These updates cover:

  • Product-Specific Rules of Origin: Adjustments to reflect the Harmonized System (HS) 2022 revisions.
  • Updated Product Descriptions and Codes: Changes to the description and classification codes for specific products under headings 0303, 0307, and 1605, ensuring consistency with the EU Combined Nomenclature and TARIC codes.

Background

The Harmonized System (HS) is a globally standardized framework for classifying traded goods, developed and maintained by the World Customs Organization (WCO). It assigns a unique six-digit code to products based on factors such as material composition, function, and intended use. These codes are critical for customs, trade statistics, and regulatory purposes.

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