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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:
 
WCO extends hand to shippers (2376 words)
While the WCO has increased its influence in the development of regulatory principles that increase efficiency in moving cargo across borders, it began with a humbler origin.
The WCO began in 1947 when the 13 European governments of the Committee for European Economic Cooperation agreed to set up a Study Group to examine the possibility of creating one or more inter-European Customs Unions based on the principles of the General Agreement on Tariffs and Trade.
The WCO is credited with developing the Harmonized Commodity Description and Coding system, which is used by customs agencies worldwide as the basis for classifying goods and for the collection of customs revenue.
  More results at FactBites »


 

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