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Republic of Korea: Government purchases 450'000 tonnes of rice in 2024

Description

On 19 August 2024, the South Korean Ministry of Agriculture, Food, and Rural Affairs announced that the government would purchase 450'000 tonnes of rice from the 2024 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 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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