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.

 

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Number of interventions

5

1 certainly harmful

0 likely harmful

4 liberalising

List of interventions

0 in force

Implementation date

01 Oct 2022

Revocation date:

No revocation date

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...

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Implementation date

22 Jun 2022

Revocation date:

No revocation date

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...

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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....

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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...

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Implementation date

22 Jun 2022

Revocation date:

No revocation date

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...

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Threads

See all

Liberalising Trade Policy Measures

Published on 04 Sep 2024

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. Discover key trends, significant figures, and the countries most impacted by these policies in this comprehensive overview.

12405

interventions

187

jurisdictions

Liberalising Trade Policy Measures

Published on 04 Sep 2024

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. Discover key trends, significant figures, and the countries most impacted by these policies in this comprehensive overview.

12405

interventions

187

jurisdictions

Liberalising Trade Policy Measures

Published on 04 Sep 2024

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. Discover key trends, significant figures, and the countries most impacted by these policies in this comprehensive overview.

12405

interventions

187

jurisdictions

Liberalising Trade Policy Measures

Published on 04 Sep 2024

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. Discover key trends, significant figures, and the countries most impacted by these policies in this comprehensive overview.

12405

interventions

187

jurisdictions

Harmful Trade Policy Measures

Published on 04 Sep 2024

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. Discover key trends, significant figures, and the countries most impacted by these policies in this comprehensive overview.

63548

interventions

192

jurisdictions