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Global Trade Alert

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Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2023

Description

On 30 December 2022, the Korean Government issued Presidential Decree No. 33179, adjusting the import tariff-rate quota for crude oil (HS 2709.00) to a volume of 28'875'000 barrels (approx. 4.6 billio...

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

01 Apr 2023

Revocation date

31 Dec 2023

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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