On 4 May 2017, I had the pleasure of presenting at the “Rules of Origin for Trade in Goods” hearing of the Committee on International Trade (INTA) at the EU Parliament.
The aim of my speech was twofold: 1) to present the private sector’s perspective on rules of origin, and 2) to explore how rules of origin could evolve in the future.
I focused on the key challenges faced by companies when trading under preference and I addressed the issue of the administrative burden and cost of complying with rules of origin being the third barrier to trade (along with tariffs and rules of origin themselves).
I emphasised the need for further expansion of existing origin cumulation zones and adapting the current preferential origin regime to reflect the growing importance of mode 5 trade in services (imports and exports).
Thank you to the members of the EU Parliament and the EU Commission for the invitation and the interesting discussion throughout the morning.
Full presentation available HERE.
Note: The views are those of the author and do not necessarily reflect the views of her employer.