Pan-Euro-Mediterranean Convention
The question
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential benefits and risks to UK exporters of joining the Pan-Euro Mediterranean Convention.
Answered by Chris Bryant
As set out in the UK’s Trade Strategy, joining the PEM Convention could simplify rules of origin across the UK’s nearest neighbours and increase supply chain flexibility for UK exporters. However, the Government recognises the benefits and risks of accession could vary both within and across sectors. We have therefore launched a Call for Evidence to seek direct business and partner input on the opportunities and risks that might flow from joining PEM. This will run until 15 December.
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