Announcement
01 Feb 2009
In February 2009, the Republic of Korea increased the import tariff on crude oil.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Feb 2009
Revocation date:
28 Feb 2009
Updated: 01 Feb 2009
Import tariff
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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