Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Harmonized Commodity Description and Coding System | Statement: [World Customs Organization, developsStandard, Harmonized Commodity Description and Coding System]

Target entity: Harmonized Commodity Description and Coding System
Context triple: [World Customs Organization, developsStandard, Harmonized Commodity Description and Coding System]

• A. World Customs Organization
  The World Customs Organization is an intergovernmental body that develops international customs standards and promotes cooperation among national customs administrations to facilitate trade and ensure border security.
• B. General Agreement on Tariffs and Trade
  The General Agreement on Tariffs and Trade (GATT) was a post–World War II multilateral treaty that governed international trade by reducing tariffs and other barriers, laying the foundation for the modern global trading system.
• C. Council for Trade in Goods
  The Council for Trade in Goods is a key World Trade Organization body that oversees the implementation and functioning of multilateral agreements governing international trade in goods.
• D. Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks
  The Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks is an international treaty that establishes a standardized classification system used worldwide for registering trademarks.
• E. Convention on the Organisation for Economic Co-operation and Development
  The Convention on the Organisation for Economic Co-operation and Development is the international treaty that established the OECD as a forum for governments to collaborate on economic policy, development, and global standards.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Harmonized Commodity Description and Coding System
Triple: [World Customs Organization, developsStandard, Harmonized Commodity Description and Coding System]

The Harmonized Commodity Description and Coding System is an internationally standardized system of names and numbers used to classify traded products for customs and trade statistics worldwide.

Target entity: Harmonized Commodity Description and Coding System
Target entity description: The Harmonized Commodity Description and Coding System is an internationally standardized system of names and numbers used to classify traded products for customs and trade statistics worldwide.

• A. World Customs Organization
  The World Customs Organization is an intergovernmental body that develops international customs standards and promotes cooperation among national customs administrations to facilitate trade and ensure border security.
• B. General Agreement on Tariffs and Trade
  The General Agreement on Tariffs and Trade (GATT) was a post–World War II multilateral treaty that governed international trade by reducing tariffs and other barriers, laying the foundation for the modern global trading system.
• C. Council for Trade in Goods
  The Council for Trade in Goods is a key World Trade Organization body that oversees the implementation and functioning of multilateral agreements governing international trade in goods.
• D. Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks
  The Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks is an international treaty that establishes a standardized classification system used worldwide for registering trademarks.
• E. Convention on the Organisation for Economic Co-operation and Development
  The Convention on the Organisation for Economic Co-operation and Development is the international treaty that established the OECD as a forum for governments to collaborate on economic policy, development, and global standards.
• F. None of above. chosen