The Office of the U.S. Trade Representative (USTR) has issued a press release announcing that on February 14, 2006, the USTR unveiled the results of a top-to-bottom review of U.S.-China trade policy at a news conference.
According to World Customs Organization (WCO) sources, the WCO Secretariat is preparing a new publication that will present all of the amendments to the Nomenclature appended to the International Convention on the Harmonized Commodity Description and Coding System (Harmonized System or HS) that are scheduled to enter into force on January 1, 2007. WCO sources state that the amendments will be commented on individually, item by item, and all of the amended legal texts will be reproduced and their background, nature and scope will be briefly explained. According to these WCO sources, publication of the document is expected in late 2005/early 2006.