What does WCO mean in International Business?
This page is about the meanings of the acronym/abbreviation/shorthand WCO in the Business field in general and in the International Business terminology in particular.
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Definition
What does WCO mean?
- World Customs Organization
- The World Customs Organization (WCO) is an intergovernmental organization headquartered in Brussels, Belgium. The WCO is 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), drugs enforcement, illegal weapons trading, integrity promotion, and delivering sustainable capacity building to assist with customs reforms and modernization. The WCO maintains the international Harmonized System (HS) goods nomenclature, and administers the technical aspects of the World Trade Organization (WTO) Agreements on Customs Valuation and Rules of Origin.
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"WCO." Abbreviations.com. STANDS4 LLC, 2024. Web. 10 Jun 2024. <https://www.abbreviations.com/term/228337>.
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