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September 13, 2013

Sensitization of Stakeholders on the HS 2007

27-Feb-2011

The Harmonized Commodity Description and Coding System (HS) of tariff nomenclature is an internationally standardised system of names and numbers for classifying traded products in order to avoid the duplication of product classification in different countries. The HS is used as a basis for the collating of international trade statistics; the negotiating of tariff concessions at bilateral and multilateral levels; administering the rules of origin and collecting customs duties. Overall, it is a system utilized to maintain international trade compliance. Periodically the HS commodity classification nomenclature is reviewed to take into consideration the advancement or changes to input in any given product.

Antigua & Barbuda is currently concluding the process of implementing the current tariff nomenclature – HS 2007. In preparation for the implementation of the HS 2007, the Customs and Excise Division undertook several sensitisation sessions with the customs officers, traders brokers and importers starting on February 21st, 2011 and the week of February 27th, 2011.

The Antigua & Barbuda EPA Implementation Unit also participated in the sensitization workshop to introduce to the pending tariff reductions on a limited product basket originating from European Union and its Member States as per the EPA Agreement. The Unit was represented by Ms. Barbara Williams, National EPA Implementation Coordinator.

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