The pan-Euro-Mediterranean cumulation zone includes the European Union, the EFTA States (Iceland, Norway, Switzerland, Liechtenstein), the participants in the Barcelona Process (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Syria, Tunisia, Turkey, Palestine) and the Faroe Islands. This convention includes into the zone the participants in the Stabilization and Association Process (Albania, Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, Montenegro and Serbia, as well as Kosovo under UNSC Resolution 1244/99).
The pan-Euro-Mediterranean system of cumulation of origin is made up of a multiplicity of agreements, setting out i.a. free trade provisions based on a network of identical rules of origin allowing for diagonal cumulation, among the countries of the zone. The multiplicity of protocols on the rules of origin caused considerable difficulties in the management of the system, thus, the European Commission launched the idea to base the diagonal cumulation of origin on a single legal instrument in the form of a regional convention on preferential rules of origin to which the individual free trade agreements applicable between the countries of the zone would refer.
The Convention allows for a more effective management of the system of pan-Euro-Mediterranean cumulation, thus facilitating the procedure for amendments to the rules of origin. It further establishes a Joint Committee empowered to amend its provisions and to decide of any future accession.
||European Union, Albania, Algeria, Bosnia and Herzegovina, Croatia, Egypt, Faeroes, Former Yugoslav Republic of Macedonia, Iceland, Israel, Jordan, Kosovo* This designation is without prejudice to positions on status, and is in line with UNSCR 1244/1999 and the ICJ Opinion on the Kosovo declaration of independence, Lebanon, Liechtenstein, Montenegro, Morocco, Norway, Occupied Palestinian Territory, Serbia, Switzerland, Syria, Tunisia, Turkey