Committee on Regional Trade Agreements - Notification of changes affecting the implementation of a regional trade agreement - Iceland, Liechtenstein, Norway and Switzerland - Addendum

NOTIFICATION OF CHANGES AFFECTING THE IMPLEMENTATION
OF A REGIONAL TRADE AGREEMENT

Addendum

        The following communication, dated 11 September 2024, has been received from the Delegations of the EFTA States (Iceland, Liechtenstein, Norway and Switzerland).

 

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Notification of the entry into force of Decision No. 1 of 2021 of the Joint EFTA-Serbia Committee concerning amendments to Protocol B concerning the definition of the concept of originating products and methods of administrative cooperation.

 

 

1.

Member(s) notifying:      

The EFTA States (Iceland, Liechtenstein, Norway and Switzerland)

2.

Date of notification:

11 September 2024

3.

Notification pursuant to:

[X]    Paragraph 14 of the Transparency Mechanism for Regional Trade Agreements (_WT/L/671)

4.

Changes affect:

[X]    goods

[  ]    services

[  ]   both

5.

Original RTA being modified:

Free Trade Agreement between the EFTA States and Serbia

6.

WTO document reference of original notification of RTA:

_WT/REG290/N/1

7.

Parties to the Agreement:      

Serbia and the EFTA States (Iceland, Liechtenstein, Norway and Switzerland)

8.

Date of adoption:

28 May 2021

9.

Date(s) of entry into Force/provisional-application:

1 January 2022

10.

Brief description of the changes:

The EFTA States and the Republic of Serbia agreed to implement transitional provisions pending the revision of the Regional Convention on Pan-Euro-Mediterranean preferential rules of origin. The Decision updates Protocol B to include alternative applicable rules of origin and provides detailed rules for issuing electronically issued movement certificates EUR.1. This ensures continued preferential treatment and cumulation benefits. Additionally, the Decision includes provisions for the prohibition of drawback of customs duties, dispute settlement mechanisms, and procedures for handling withdrawal from the Convention.

11.

Text and related schedules, annexes and protocols are:

[X]    submitted to the WTO Secretariat (electronic format)

[X]    available from the following official Internet link(s):

https://www.efta.int/sites/default/files/documents/legal-texts/free-trade-relations/serbia/jcd/EFTA-Serbia-JCD-1-of-2021.PDF

 

 

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