Question

what is the role of WCO with respect to HSC?

what is the role of WCO with respect to HSC?

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Answer #1

The World Custom Organisation WCO is the intergovernmental organisation which is headquartered in Belgium containing the International Harmonised Custom System HSC good nomenclature and also governs adn administers the technical aspects for the World Trade Organisation WTO Agreemenrs for the Customs Valuable and Rules of Origin. The role payed by the WCO is to enhance the effectiveness and efficiency for the member customs administrations and assisting them to contribute for the national developmental goals, national security, revenue collection, community protection and also the collection for the trade statistics.

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