HS Code: Nigeria participates in WCO harmonised system committee meeting
Maureen Aguta
Nigeria has participated in the World Customs Organisation (WCO) 74th Harmonised System Committee (HSC) Meeting, which was rounded off on Thursday, at the WCO Headquarters in Brussels, Belgium.
According to reports, the Harmonised System Committee (HSC) plays a crucial role in managing the Harmonised System Nomenclature (HSN), which serves as a vital tool for facilitating global trade by providing a standardised system for the classification of goods.
As a contracting party, trade experts say Nigeria’s participation in the HSC is pivotal considering the nation’s large market index in Africa leading to high volumes of imports from across the globe.
According to them, the impact of these policies, particularly on customs formalities, has far-reaching economic consequences, making Nigeria’s contributions to such discussions critical.
Advocacy Times reports that the HSC focuses primarily on the tariff classification of goods, ensuring that products are correctly categorised under the HSN. This involves detailed discussions on goods descriptions and the appropriate tariff codes or headings that align with legal provisions and explanatory notes. The HSC ensures that global trade remains efficient, transparent, and standardised through this process.
Additionally, the opportunity to raise tariff classification issues that may have caused prolonged disputes between customs and economic operators allows for an objective resolution aided by input from other Contracting Parties.
Similarly, a delegate from Nigeria who happens to be a beneficiary of the WCO 88th fellowship programme, CSC Lauretta Utubor of the Nigeria Customs Service, the Team Lead for Advance Rulings in Nigeria, made a presentation at the Leadership Management Development workshop which emphasised the role of essential tools such as self-awareness, strategic communication, political will, intentionality, people management, and change management played towards the successful implementation of Advance Rulings in Nigeria.
She also underscored Nigeria’s dedication to adopting global best practices and the Comptroller General Customs, Adewale Adeniyi’s commitment towards promoting trade facilitation and customs modernisation.
It was disclosed that this high-level engagement with technical experts from customs administrations worldwide enables Nigeria to enhance its decision-making capacity when issuing legally binding advice to economic operators.
Furthermore, the insights gained from the 74th HSC meeting are expected to strengthen Nigeria’s customs processes and contribute to the nation’s continued leadership in trade facilitation on the African continent.
The Nigeria Customs Service (NCS) delegates was led by Assistant Comptroller Abubakar Hardo, Chief Superintendent of Customs (CSC) Ekay Asuquo and CSC Lauretta Utubor (Team Lead Advance Rulings)