What is the preferential origin rule for HS 94 under the Regional Convention on Pan-Euro-Mediterranean Preferential Rules of Origin (PEM Convention)?

PEM Convention - HS 94

Regional Convention on Pan-Euro-Mediterranean Preferential Rules of Origin (PEM Convention)

6 rules

9401Seats (other than those of heading 9402), whether or not convertible into beds, and parts thereof

CTH

Manufacture from materials of any heading, except that of the product, excluding materials of the same heading

OR - alternative rule

MaxNOM

Manufacture in which the value of all non-originating materials used does not exceed 40% of the ex-works price of the product

40% ex-works