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Republic of Korea: Government purchases 400'000 tonnes of rice from the 2023 harvest

Description

On 30 August 2023, the South Korean Ministry of Agriculture, Food, and Rural Affairs announced that the Government would purchase 400'000 tonnes of rice from the 2023 harvest between 30 August and 31 ...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 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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