The agreement also contains provisions for the elimination of other trade and trade-related barriers, including competition rules, state monopolies and subsidies. In addition, the agreement contains provisions relating to intellectual property protection, investment, services, current payments and capital flows, public procurement, economic cooperation and institutional and procedural issues. The agreement establishes a joint committee to monitor its implementation and provide for a binding arbitration procedure. The accumulation of origin means that a product can be processed from a partner country or can be added to a product from another partner country, but can nevertheless be considered a “product of origin” of that second partner country for the purpose of a specific trade agreement. It describes the bilateral and multilateral trade agreements to which that country belongs, including with the United States. Includes websites and other resources that allow U.S. companies to get more information about how they can use these agreements. The pan-Euro-Mediterranean cumulative system was introduced in 2005. It brings together the EU, Tunisia and other European and Mediterranean partners to support regional integration through the creation of a common system of rules of origin. Rules of origin are the technical criteria for determining whether a particular product is eligible for duty-free access or other preferential access under a specific trade agreement. About 70% of Tunisia`s trade is wiretapped with the European Union and Tunisia`s main free trade agreement is its Industrial Products Association Agreement with the EU, which was officially ratified in 1996.
The free trade area with the EU was effectively implemented in 2008, after a gradual reduction of tariffs to zero over a 12-year period. At the end of 2011, the EU announced that it was following a “deep and comprehensive free trade agreement” with Tunisia. Negotiations are still ongoing until June 2020. For AELE-Tunisia trade statistics s. EFTA Trade Statistics Tool This agreement has created a free trade area in which all trade in industrial products is tariff-free, while the EU and Tunisia have agreed to gradually open their respective markets to selected products for agricultural, agri-food and fisheries products. Trade in processed agricultural products is a protocol to the main agreement (Article 4, paragraph 1, paragraph b), and Protocol A). In addition, trade in agricultural commodities is covered by three bilateral agreements negotiated separately between Iceland, Norway and Switzerland on the one hand, and Tunisia on the other. These agreements, which are part of the instruments for creating the free trade area (Article 4, paragraph 2), provide for tariff concessions. Each agreement contains specific rules of origin, usually based on “fully preserved” criteria.