Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas to ease prices

Announcement

28 Apr 2023

In April 2023, the Korean Government adopted a Presidential Decree allowing for temporarily reduced import tariff rates and temporary import tariff-rate quotas on the imports of several goods for the period 1 May until 30 June 2023.

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 May 2023

Revocation date:

30 Jun 2023

Announced: 28 Apr 2023
Import tariff
On 28 April 2023, the Korean Government issued Presidential Decree No. 33437, reducing the tariff rate for the period 1 May 2023 until 30 June 2023 for the following product: For radish (0706.90), fr...
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Announced: 28 Apr 2023
Import tariff quota
On 28 April 2023, the Korean Government issued Presidential Decree No. 33437, establishing new import tariff-rate quotas for several products. The new quotas apply from 1 May 2023. In particular, the ...
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Threads

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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