Regional Convention on Pan-Euro-Mediterranean Preferential Rules of Origin (PEM Convention)
Manufacture from materials of any heading, except that of the product, in which all materials of Chapters 2, 3 and 16 used are wholly obtained and the value of all materials of Chapter 17 used does not exceed 30% of the ex-works price of the product
Manufacture in which the value of all materials used does not exceed 40% of the ex-works price of the product
40% EXW