INTRODUCTION OF HARMONIZED SYSTEM 2012 CHANGES INTO
WTO SCHEDULES OF TARIFF CONCESSIONS
Draft Waiver Decision
The General
Council,
Having regard to Articles IV:2 and IX:3 of the Marrakesh
Agreement establishing the World Trade Organization (the "WTO
Agreement");
Recognizing that the adoption of the Harmonized Commodity Description and Coding
System (hereinafter referred to as the "Harmonized System") has, in
addition to facilitating international trade and the analysis of trade
statistics, ensured greater uniformity in countries' customs classification,
thus enabling them to monitor and protect the value of tariff concessions;