The World Customs Organization (WCO) is an intergovernmental organization headquartered in Brussels, Belgium. The WCO is noted for its work in areas covering the development of international conventions, instruments, and tools on topics such as commodity classification, valuation, rules of origin, collection of customs revenue, supply chain security, international trade facilitation, customs enforcement activities, combating counterfeiting in support of Intellectual Property Rights (IPR), integrity promotion, and delivering sustainable capacity building to assist with customs reforms and modernization. The WCO maintains the international Harmonized System (HS) goods nomenclature, and administers the technical aspects of the World Trade Organization (WTO) Agreements on Customs Valuation and Rules of Origin.
Read more about World Customs Organization: History, Vision and Objectives, Instruments, Administration
Famous quotes containing the words world, customs and/or organization:
“Our Lord Jesus Christ, my brethren, is our hero, a hero all the world wants.”
—Gerard Manley Hopkins (1844–1889)
“Change often makes accepted customs into crimes.”
—Mason Cooley (b. 1927)
“It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize.”
—Theodore Roosevelt (1858–1919)