FACTOID # 145: Three of the top ten countries for GDP per capita are island nations: Bermuda, Cayman Islands, and Iceland.
 
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Encyclopedia > Customs Cooperation Council

World Customs Organization (WCO) is an intergovernmental organization that helps member states communicate and cooperate on customs issues. It was established in 1952 as the Customs Cooperation Council; it adopted its current name in 1994.


Headquartered in Brussels, Belgium, it develops agreed rules on customs procedures and provides advice and assistance to customs services. It has established an international standard classification of commodities called the Harmonized Commodity Description and Coding System, which is used to classify goods for tariff purposes the application of tariffs. The WCO has 161 members; see World Customs Organization member states. The current Secretary General is Michel Danet.


The WCO does not deal with tariff and trade disputes; these issues fall under the jurisdiction of the World Trade Organization.


External Links:

  • Official WCO website (http://www.wcoomd.org/)
  • Factsheet on the WCO (http://www.wcoomd.org/ie/En/AboutUs/fiche1%20Ang.pdf) (PDF)

  Results from FactBites:
 
Cooperation Council for the Arab States of the Gulf - Wikipedia, the free encyclopedia (248 words)
The Cooperation Council of the Arab States of the Gulf (Arabic: مجلس التعاون لدول الخليجي العربية), formerly named Gulf Cooperation Council (مجلس التعاون الخليجي) is a regional organization involving six Middle Eastern nations with the many economic and social objectives in mind.
Created May 25, 1981, the Council is comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
It should be noted that not all of countries neighboring the Persian Gulf are members of the council.
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