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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, the Korean Government issued Presidential Decree No. 32818, increasing the discounts applicable to imports of 2 products. The new discounts apply from 20 July until 31 December 2022. In pa...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

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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Table

Affected Sectors

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Affected Products

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