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Global Trade Alert

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Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2024

Description

On 26 December 2023, the Korean Government issued Presidential Decree No. 34021, introducing a change in the in-quota tariff for cane or beet sugar (under HS subheadings 1701.91 and 1701.99) from 5% t...

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

01 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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