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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 several goods for the period 1 July to 31 December 2024. More specific...

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

01 Jul 2024

Revocation date

31 Dec 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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