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Glossary

World customs organisation (WCO)

An intergovernmental organisation, headquartered in Brussels, Belgium. With its worldwide membership, the WCO is recognised as the voice of the global Customs community. It is particularly 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 modernisation. The WCO maintains the international Harmonised System (HS) goods nomenclature, and administers the technical aspects of the World Trade Organisation (WTO) Agreements on Customs Valuation and Rules of Origin.

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