GREENING HS CODES MIGHT PROMOTE SUSTAINABILITY, BUT CAREFUL DESIGN IS NEEDED, SAY EXPERTS
January 22nd, 2023
Global trade officials at the World Customs Association (WCO) are assessing how the international customs classification of goods could be reformed to promote the trade in sustainable goods, such as organic cotton fabrics.
They are examining changing the WCO’s Harmonized System (HS), which links traded goods to six-digit codes, recognised by all jurisdictions participating in the global trading system, so that special HS codes can be allocated to goods deemed sustainable – including clothes made from recycled fabrics. This would enable importing ...
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