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Global Trade Alert

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Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas on seven major foodstuff items

Description

On 20 July 2022, the Korean Government issued Presidential Decree No. 32818, establishing new import tariff-rate quotas for several products. The new quotas apply from 20 July 2022. In particular, the...

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

20 Jul 2022

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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