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Global Trade Alert

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Republic of Korea: Introduction of tariff concessions on rare gases and aluminum products, import tariff quota on certain food products

Description

On 27 April 2022, the Korean Government issued Presidential Decree No. 32602 increasing the volume of import tariff-rate quotas for 2 products from 27 April 2022 until 31 December 2022. In particular...

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

27 Apr 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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