WCO Report Green HS Codes Boost Sustainable Trade

WCO Report Green HS Codes Boost Sustainable Trade

The WCO report highlights the crucial role of HS codes in promoting environmentally friendly trade, as discussed in the "Visualizing Green HS" workshop. The report emphasizes the need for collaboration to translate discussions into action, optimizing the HS coding system to identify and facilitate trade in environmentally sound goods. This aims to drive global sustainable development and provide a clear roadmap for the greening of HS codes. It underscores the importance of a harmonized system that accurately reflects and supports green trade initiatives worldwide.

Global Trade Adopts Green Customs Codes for Sustainability

Global Trade Adopts Green Customs Codes for Sustainability

The World Customs Organization (WCO) has launched a global “Green Customs” reflection, exploring revisions to the Harmonized System (HS) code to better integrate environmental considerations and promote a global green economy through a series of workshops. These workshops focus on five key areas: food, chemicals, textiles, basic materials, and green technologies. They provide valuable insights and recommendations for the 'greening' of the HS coding system, aiming to build a more sustainable future. The initiative seeks to leverage trade policies to support environmental protection and sustainable development goals.

WCO Issues Guidance for Consistent HS Commodity Classification

WCO Issues Guidance for Consistent HS Commodity Classification

The World Customs Organization (WCO) recommendations promote the implementation of Harmonized System (HS) resolutions, facilitating global trade and compliance. These recommendations, often discussed within the HS Committee, aim to provide clarity and consistency in customs classification. By adhering to WCO guidelines and HS resolutions, countries can streamline import and export processes, reduce trade barriers, and ensure accurate tariff application. This ultimately contributes to a more efficient and transparent international trading environment.

WCO and UN Push for Global Trade Data Standardization

WCO and UN Push for Global Trade Data Standardization

The World Customs Organization (WCO) recommends that its member customs administrations transmit trade data based on the Harmonized System (HS) to the United Nations Statistics Division (UNSD). This aims to promote the standardization and interoperability of global trade data. This initiative is significant for improving data quality, strengthening international cooperation, promoting trade facilitation, and fostering sustainable development. Ultimately, it contributes to building a new landscape for global trade data sharing.

WCO and UNCTAD Partner to Boost Global Trade Efficiency

WCO and UNCTAD Partner to Boost Global Trade Efficiency

In 2014, the WCO and UNCTAD Secretaries-General met in Geneva, focusing on the harmonized implementation of the WTO Trade Facilitation Agreement (TFA). They emphasized providing needs assessments and technical assistance based on WCO instruments to avoid implementation divergence. Discussions also covered addressing complex cross-border trade issues, improving transportation and logistics efficiency. Both parties committed to further strengthening cooperation to build an efficient and transparent global trade system.

WCO Conference Global Customs Push for Green Trade Barriers

WCO Conference Global Customs Push for Green Trade Barriers

The World Customs Organization (WCO) Green Customs Global Conference highlighted customs' crucial role in environmental protection. Through strategic upgrades, round table discussions, and technological innovations, the conference explored topics such as the circular economy, cross-border waste management, and the greening of the Harmonized System (HS). The aim was to promote green trade, enhance regulatory efficiency, strengthen international cooperation, and collectively address environmental challenges, building a global green barrier.

WCO Publishes 2022 HS Explanatory Notes for Trade Classification

WCO Publishes 2022 HS Explanatory Notes for Trade Classification

The World Customs Organization (WCO) has released the 2022 edition of the Harmonized System Explanatory Notes (HSEN) in print. This provides practical guidance on technical descriptions and classification of goods, serving as the official interpretation of HS codes. Purchase of the print version includes amendment supplements. An online subscription option is also available through the WCO Trade Tools platform. As a global leader in customs affairs, the WCO assists trade professionals in accurate customs clearance.

A Comprehensive Guide to HVAC HS Code Classification for Smooth Customs Clearance

A Comprehensive Guide to HVAC HS Code Classification for Smooth Customs Clearance

This article discusses the classification of air conditioners under the customs HS codes, including window, wall-mounted, and ceiling-mounted units. Based on the latest revisions of the 2017 Harmonized System, there have been changes in the classification of standing and wall-installed air conditioners. Additionally, portable and central air conditioners are categorized under specific items. The article advises users to properly adjust the temperature of air conditioners to prevent discomfort caused by excessive temperature differences.

WCO Enhances Antiillegal Logging Efforts with New Tools

WCO Enhances Antiillegal Logging Efforts with New Tools

On the occasion of the 2024 International Day of Forests, this article highlights the crucial role of the World Customs Organization (WCO) in combating illegal timber trade. Through international cooperation, updating the Harmonized System (HS) Nomenclature, and conducting 'Operation Thunder', the WCO helps customs administrations enhance their enforcement capabilities. By utilizing innovative technologies such as Geographic Information Systems, GPS trackers, and drones, the WCO effectively monitors timber trade, protects forest resources, and collectively safeguards our planet.

El Salvador Upgrades Customs Labs to Boost Trade Efficiency

El Salvador Upgrades Customs Labs to Boost Trade Efficiency

El Salvador hosted a workshop on modernizing customs laboratories to enhance commodity classification capabilities and promote trade facilitation. Sponsored by the World Customs Organization (WCO), the workshop focused on the Harmonized System (HS) classification and international cooperation. The aim was to improve the accuracy and efficiency of customs procedures, ultimately contributing to smoother and faster trade flows. This initiative underscores the importance of modern customs infrastructure and skilled personnel in supporting global trade and economic development.