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: Council of the Indies system | Statement: [Audiencia of Santo Domingo, partOf, Council of the Indies system]

Target entity: Council of the Indies system
Context triple: [Audiencia of Santo Domingo, partOf, Council of the Indies system]

• A. Council of the Indies chosen
  The Council of the Indies was the principal governing body through which the Spanish Crown administered and regulated its vast overseas empire in the Americas and Asia during the early modern period.
• B. Canton System
  The Canton System was an 18th–19th century Chinese trade regime that restricted foreign commerce to the port of Guangzhou (Canton) under strict imperial control, shaping early Western economic relations with China.
• C. Colonial Office
  The Colonial Office was the British government department responsible for administering and overseeing the governance of the British Empire’s colonies and territories.
• D. Spanish colonial administration
  The Spanish colonial administration was the system of governance, law, and bureaucracy through which the Spanish Empire ruled and managed its overseas territories in the Americas, Asia, and other regions from the 16th to the 19th centuries.
• E. Inter-American system
  The Inter-American system is the network of regional organizations and institutions, centered around the Organization of American States, that coordinate political, security, human rights, and development cooperation among countries in the Americas.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.