Bosnia and Herzegovina becomes the 144th Contracting Party to the Harmonized System Convention
Brussels, 14 August 2012
Press Release
On 14 August 2012, Bosnia and Herzegovina deposited its instrument of accession to the International Convention on the Harmonized Commodity Description and Coding System (Harmonized System) with the Secretary General of the World Customs Organization (WCO).
Considering that more than 98% of international merchandise trade is classified in terms of the Harmonized System, the WCO is pleased to welcome Bosnia and Herzegovina as the 144th Contracting Party to the Harmonized System Convention.
Bosnia and Herzegovina is located in Southeastern Europe, on the Balkan Peninsula. It is bordered by Croatia, Serbia and Montenegro, and has a small coastline of 20 kilometers on the Adriatic Sea.
Its principal export commodities are metals, clothing and wood products. Machinery and equipment, chemicals, fuels and foodstuffs are its principal import commodities.
The Harmonized System Convention will enter into force in Bosnia and Herzegovina on 1 January 2014.
Bosnia and Herzegovina has been a Member of the WCO since 4 July 2008.