Announcement
01 Jun 2023
In June 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 in order to reduce food prices.
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Number of interventions
2
0 certainly harmful
0 likely harmful
2 liberalising
List of interventions
Implementation date
01 Jun 2023
Revocation date:
31 Dec 2024
End prolongation: 31 Dec 2024
Import tariff
On 1 June 2023, the Korean Government issued Presidential Decree No. 33497, reducing the tariff rate for the period 1 June 2023 until 31 December 2023 for the following products:
For certain beet sug...
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Implementation date
01 Jun 2023
Revocation date:
31 Dec 2023
Announced: 01 Jun 2023
Import tariff quota
On 1 June 2023, the Korean Government issued Presidential Decree No. 33497, establishing new or increasing existing import tariff-rate quotas for several products. The new quotas apply from 1 June 202...
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Related State Acts
Announced: 28 Jun 2024
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (June 2024)
Announced: 26 Dec 2023
Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2024
Announced: 12 Oct 2023
Republic of Korea: Introduction of temporary import tariff-rate quota for frozen mackerel (October 2023)
Announced: 30 Dec 2022
Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2023
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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