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Republic of Korea: Increase of import tariff on crude oil (February 2009)

Description

On 1 February 2009, the Republic of Korea increased the import tariff on crude oil from 1% to 2%. In March 2009, the import tariff was additionally increased, see related measure.

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

01 Feb 2009

Revocation date

28 Feb 2009

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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