Posted on March 21, 2017

With the objective of educating participants on the latest edition of the Harmonized System (HS) Nomenclature, Qatar Development Bank (QDB), through the support of its export program, Tasdeer, organized a training workshop to inform exporters on the main features of the globally recognized exporting classification system.

The sixth edition of the HS Nomenclature, developed by World Customs Organization (WCO), entered into the workforce on 1 January 2017, while previous editions of the classifying discipline have been in use by over 200 countries to categorize goods in international trade since 1983. The latest instalment of the classification system includes 5,387 six-digit subheadings in contrast to the 5,205 which featured in the previous 2012 edition. The World Trade Organization (WTO) and a wide range of countries use the HS Nomenclature system as a common language for trade, for purposes of negotiation as well as for the determination of the source of origin for goods.

Major features of the new HS Nomenclature include environmental and social issues of global concern and are directly relevant to the internationalization of the private sector. To this end, Tasdeer’s workshop discussed the new classifications in 3 key sessions: the first session covered the main features of the newest edition of HS Nomenclature, the second session covered the implementation of the HS Nomenclature 2017 as it applies to the setting of new tariff rates and statistical data, and the final session discussed the implications on operators involved in the international marketplace.

Commenting on the latest workshop, Executive Director for Tasdeer, Hassan Khalifa Al-Mansoori said: "Through the organization of Tasdeer’s newest training and awareness session, we aim to introduce the new international classification system to Qatari exporters so that they may retain their competitiveness in the rapidly developing international marketplace and thrive therein.” He continued: "Harmonized System Nomenclature 2017 is very important—this is because the new edition includes critical amendments on food, fishery and agricultural commodities. This, then, allows for better monitoring and control of trade in the interest of food security and management of resources. We deliver this workshop in the firm belief that it is imperative that Qatari exporters be made aware of the prevailing changes as it affects their exports and compatibility with global standards. "

The newest HS Nomenclature 2017 edition includes 233 sets of amendments to the previous edition, thus affecting trade classifications across various sectors. The breakdown of the amendments is as follows: 85 amendments to trade classifications in the agricultural sector, 45 amendments to trade classifications in the chemical sector, 13 amendments to the trade classifications in the wood sector, 15 amendments to trade classifications in the textile sector, 25 amendments to trade classifications in the machinery sector, 18 amendments to trade classifications in the transport sector, and an additional 32 amendments to trade classifications across a variety of miscellaneous sectors. Notably, Tasdeer, in the past, has contributed greatly to promoting the presence of Qatari exports in foreign markets through a wide range of activities and events, such as international exhibitions, bilateral trade cooperation programs and training workshops. 

QDB’s workshop on HS Nomenclature 2017 comes as the latest in a series of exports-related training sessions in which Tasdeer has empowered local companies to become more competitive in regional and international markets. In the days to come, the development agency’s export program is gearing to promote local manufacturers in a number of international exhibitions, including Big 5 Saudi (Jeddah, Kingdom of Saudi Arabia), an expo that focuses on the construction industry, which will be held at Jeddah Center for Forum and Events from 27 – 30 March 2017.