Global Trade Alert
Global Trade Alert

Republic of Korea: Elimination of import-licensing capital requirement on certain alcoholic beverages

Announcement

15 Feb 2013

In February 2013, the government of Republic of Korea announced a rule change for import registration.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

15 Feb 2013

Revocation date:

No revocation date

Updated: 15 Feb 2013
Import licensing requirement In force
On 15 February 2013, the Republic of Korea abolished the import-licensing capital requirement (previously at 50 million won, roughly US$ 44,500) for wines, beers, and whiskeys. In addition, more flexi...
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