March 01, 2022
What impact is technology having on efforts to improve HS classification efficiency and accuracy?

Photo from WCO News

One of the main topics of discussion during the 2019 WCO Conference on the Future Direction of the Harmonized System (HS) was HS complexity. Concern was expressed about the difficulty of HS classification especially for small and medium-sized enterprises that are being granted the opportunity to participate in the global economy but don’t necessarily possess the tools needed to do so.