Warehouse
A place approved by HM Revenue & Customs for the storage of goods without the payment of certain duties or taxes which would normally be due on those goods. The main types of warehouse are Customs warehouses, excise warehouses and Customs and excise warehouses.
Warehoused goods
Goods placed under the Customs warehousing arrangements.
World Trade Organisation (WTO)
Inter-governmental organisation set up in 1995 to negotiate and administer trade agreements, handle trade disputes and monitor national trade policies.