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Code Shift
The report analyzes the 2022 updates to the Harmonized System (HS), which provide more specific commodity codes for environmental goods and sensitive products. Key improvements include the separation of solar photovoltaic cells from LEDs and new codes for electronic waste. The author argues that such specificity is crucial for accurate trade statistics and the negotiation of trade agreements like the Agreement on Climate Change, Trade and Sustainability (ACCTS). The document also proposes a 'wish list' of further specifications for the 2027 HS revision, including electrolyzers, fuel cells, and electrified aircraft and ships.
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Document type: Report