As countries are increasingly concluding bilateral and regional Preferential Trade Agreements (PTAs), diverging rules of origin regulations and procedures are becoming a trade barrier along the whole supply chain. This is becoming even more challenging in absence of a multilateral agreement on rules of origin, especially where new PTAs overlap existing ones. This policy statement highlights the challenges traders and suppliers – most notably small and medium sized enterprises (SMEs) – face in this regard and sets forth eight recommendations calling for global horizontal cohesion through the streamlining of certification procedures.
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