Proposal for a Council Decision on the position to be taken by the European Union within the Joint Committee established by the Agreement between the European Economic Community and the Republic of Iceland of 22 July 1972, as regards the replacement of Protocol 3 to that Agreement, concerning the definition of the concept of ‘originating products’ and methods of administrative cooperation, by a new Protocol which, as regards the rules of origin, refers to the Regional Convention on pan-Euro-Mediterranean pr

The Regional Convention on pan-Euro-Mediterranean preferential rules of origin (hereafter 'the Convention') lays down provisions on the origin of goods traded under relevant Agreements concluded between the Contracting Parties. The EU and Iceland signed the Convention on 15 June 2011 and on 30 June 2011, respectively.

The EU and Iceland deposited their instruments of acceptance with the depositary of the Convention on 26 March 2012 and on 12 March 2012, respectively. As a consequence, in application of its Article 10(3), the Convention entered into force in relation to both the EU and Iceland on 1 May 2012.

Article 6 of the Convention provides that each Contracting Party shall take appropriate measures to ensure that the Convention is effectively applied. To that effect, the Joint Committee established by the Agreement between the European Economic Community and the Republic of Iceland should adopt a Decision replacing Protocol 3 concerning the definition of the concept of 'originating products' and methods of administrative cooperation by a new Protocol which, with regard to the rules of origin, refers to the Convention. The position to be taken by the EU within the Joint Committee should be established by the Council.

• Primary Source

EUR-Lex: COM(2014)275: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2014:275:FIN

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