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Global Trade Alert

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Republic of Korea: Changes to temporary import tariff-rate quotas (August 2023)

Description

On 24 August, the Korean Government issued Presidential Decree No. 33681, establishing new import tariff-rate quotas for 2 products. The new quotas apply from 25 August 2023 until 31 December 2023. In...

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

25 Aug 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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