WTO Flashcards

1
Q
A
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2
Q

What is the World Customs Organization (WCO)?

A

The World Customs Organization (WCO) is an independent intergovernmental organization dedicated to international customs matters, focusing on revenue, supply chain security, trade facilitation, and customs enforcement.

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3
Q

Where is the headquarters of the WCO located?

A

The headquarters of the WCO is located in Brussels, Belgium.

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4
Q

What is the official name of the WCO?

A

The official name of the WCO is the Customs Co-operation Council.

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5
Q

How many Customs administrations are members of the WCO?

A

The WCO has worldwide membership of 182 Customs administrations.

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6
Q

What is the primary objective of the WCO?

A

The primary objective of the WCO is to enhance the efficiency and effectiveness of member customs administrations to assist in national development goals.

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7
Q

What are the main functions of the WCO?

A

The main functions of the WCO include studying customs cooperation questions, examining technical and economic aspects of customs systems, preparing draft Conventions, and making recommendations for uniform interpretation of conventions.

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8
Q

When was the WCO established?

A

The WCO was established in 1952 as the Customs Co-operation Council.

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9
Q

What does the WCO maintain?

A

The WCO maintains the Harmonized Commodity Description and Coding System (HS).

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10
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A
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11
Q

What is the purpose of the WCO regarding Customs Tariffs?

A

To perform functions assigned in Conventions related to the valuation of goods for customs purposes.

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12
Q

What role does the WCO play in dispute settlement?

A

It makes recommendations in a conciliatory capacity for the settlement of disputes concerning the interpretation or application of the Conventions.

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13
Q

How does the WCO ensure information circulation?

A

It ensures the circulation of information regarding customs regulations and procedures.

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14
Q

What kind of advice does the WCO provide to Governments?

A

On its own initiative or on request, it furnishes interested Governments with information or advice on customs matters.

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15
Q

How does the WCO cooperate with other organizations?

A

It cooperates with other intergovernmental organizations regarding matters within its competence.

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16
Q

How does the WCO fulfill its mandate?

A

By establishing, maintaining, supporting, and promoting international instruments for the harmonization and uniform application of customs systems.

17
Q

What is one way the WCO reinforces its Members’ efforts?

A

By maximizing the level and effectiveness of Members’ cooperation to combat customs offenses.

18
Q

How does the WCO assist its Members in modern challenges?

A

It helps them adapt to changing circumstances, promoting communication and cooperation among Members and with other organizations.

19
Q

What does the WCO do for human resource development?

A

It fosters human resource development and improves management and working methods of customs administration.

20
Q

What is unique about the WCO?

A

It is the only international organization dealing exclusively with customs matters.

21
Q

How does the WCO operate in terms of representation?

A

Each member has one representative and is entitled to one vote.

22
Q

What are the different working bodies in the WCO?

A

The Council, Finance Committee, and Policy Commission.

23
Q

What is the role of the Council in the WCO?

A

It is the highest body composed of Directors-General of Customs from all members, aiming for harmony in Customs systems.

24
Q

How often does the Council meet?

A

The Council meets once a year.

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What is the role of the Policy Commission?
The Policy Commission acts as a dynamic steering group to the Council.
27
What does the Finance Committee do?
The Finance Committee acts under the overall direction of the WCO Council with administrative support provided by the WCO Secretariat.
28
What is the function of the Harmonized System Committee?
The Harmonized System Committee administers the International Convention on the Harmonized System to ensure that the HS keeps abreast of technical progress and international trade developments.
29
What does the Harmonized System Review Sub-Committee do?
The Harmonized System Review Sub-Committee acts under the overall direction of the Harmonized System Committee to review amendments of the HS, considering user needs and changes in technology or trade patterns.
30
What is the role of the Scientific Sub-Committee?
The Scientific Sub-Committee assists the Harmonized System Committee and the Review Sub-Committee in their technical work, particularly on draft HS legal texts and classification of chemical products.
31
What does the Harmonized System Working Party do?
The Harmonized System Working Party drafts texts of possible amendments to the HS Nomenclature, Explanatory Notes, and Compendium of Classification Opinions before final adoption.
32
What is the focus of the Technical Committee on Rules of Origin?
The Technical Committee on Rules of Origin examines technical problems in the administration of rules of origin and provides advisory opinions on solutions.
33
What is the responsibility of the Technical Committee on Customs Valuation?
The Technical Committee on Customs Valuation is responsible for matters pertaining to customs valuation and prepares commentaries, explanatory notes, and case studies.