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

Description

On 28 June 2024, the South Korean Government issued Presidential Decree No. 34616, reducing the volumes of two existing import tariff-rate quotas. The amendment enters into force on 1 July 2024 In pa...

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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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