Which organization is responsible for the interpretation of the Harmonized Code?

The World Customs Organization (WCO) is indeed responsible for the interpretation of the Harmonized Code. The Harmonized Code, also known as the Harmonized System (HS), is a standardized numerical method of classifying traded products. The WCO develops and maintains this system to ensure that customs authorities across different countries can classify and categorize goods in a consistent manner, thereby facilitating international trade. This consistent classification is crucial for determining tariffs, trade statistics, and various trade policies.

The WCO also provides guidance and support to member countries on the application of the Harmonized System, helping them to navigate and implement it effectively within their national customs processes. This role is essential as trade laws and regulations vary from country to country, and the WCO's interpretation helps create a more uniform application of the code globally.

In contrast, the other organizations mentioned have different focuses. The United Nations (UN) is primarily involved in fostering international cooperation and promoting peace, while the World Trade Organization (WTO) deals with global trade rules and negotiation agreements among countries. The International Trade Administration (ITA) operates within the U.S. Department of Commerce and focuses on enhancing the global competitiveness of U.S. businesses, which is distinct from the international standardization and classification role performed by