Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (June 2022)

Announcement

22 Jun 2022

In June 2022, the Korean Government adopted a Presidential Decree allowing for temporarily reduced import tariff rates and temporary import tariff-rate quotas on imports of several goods.

 

Source

Sign in to access

Number of interventions

5

1 certainly harmful

0 likely harmful

4 liberalising

List of interventions

Implementation date

01 Oct 2022

Revocation date:

31 Dec 2022

Announced: 22 Jun 2022
Import tariff quota
On 22 June 2022, the Korean Government issued Presidential Decree No. 32717, adjusting the import tariff-rate quotas for "crude oil to make propane and butane" (HS 2709.00) to a volume of 51'500'000 b...
Sign in to see more

Implementation date

22 Jun 2022

Revocation date:

30 Dec 2022

Announced: 22 Jun 2022
Import tariff quota
On 22 June 2022, the Korean Government issued Presidential Decree No. 32717, adjusting the import tariff-rate quota for "crude oil to make propane and butane" (HS 2709.00) to a volume of 39'500'000 ba...
Sign in to see more

Implementation date

22 Jun 2022

Revocation date:

31 Dec 2022

Announced: 22 Jun 2022
Import tariff
On 22 June 2022, the Korean Government issued Presidential Decree No. 32717, increasing the discounts applicable to imports of 10 products. The new discounts apply from 22 June until 31 December 2022....
Sign in to see more
Announced: 22 Jun 2022
Import tariff quota
On 22 June 2022, the Korean Government issued Presidential Decree No. 32717, increasing the volume of import tariff-rate quotas for 3 goods valid from 22 June 2022. In particular, the Decree establi...
Sign in to see more

Implementation date

22 Jun 2022

Revocation date:

31 Dec 2022

Announced: 22 Jun 2022
Import tariff quota
On 22 June 2022, the Korean Government issued Presidential Decree No. 32717, adjusting the volume of import tariff-rate quotas for 6 products, valid from 22 June until 31 December 2022. The new tarif...
Sign in to see more

Threads

See all

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14500

interventions

186

jurisdictions

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70796

interventions

194

jurisdictions

G20: Harmful Trade Policy Interventions

This Thread tracks harmful trade policy interventions introduced by G20 members since 2009. It covers all types of interventions monitored by Global Trade Alert.

Published: 15 Jan 2025

54090

interventions

121

jurisdictions