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Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (January 2024)

Description

On 18 January 2024, the Korean Government issued Presidential Decree No. 34154, establishing new import tariff-rate quotas for several goods. The new quotas enter into force on 19 January 2024. In par...

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

19 Jan 2024

Revocation date

30 Jun 2024

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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