In today's episode of Trade Bites, we're discussing the Pan-Euro Mediterranean Convention on Rules of Origin (PEM) and whether the UK should join.

The PEM makes it easier for UK firms to use inputs from the PEM countries and still get duty free access to the EU, and all the other PEM countries. Having left the EU, the UK is not part of the PEM. The UK Government has launched a consultation on whether or not the UK should accede. Would joining make trade easier for all our manufacturing businesses, or are there any downsides? Would it really make that much difference? And will other nations support the UK’s application if it does decide to apply to join PEM. It turns out the answers are not so straightforward.

Listen to the podcast for straight talking (as opposed to straightforward) explanation with Michael Gasiorek (CITP), Anna Jerzewska (DSV / EuroCommerce), Alessandro Marongiu (SMMT) and our host Chris Horseman (Borderlex).