Global Trade Alert
Global Trade Alert

Republic of Korea: Temporary reduction of import tariff on naphtha

Announcement

06 Jul 2023

In July 2023, the South Korean Government announced the temporary reduction of the import tariff on naphtha.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

06 Jul 2023

Revocation date:

No revocation date

Import tariff

On 6 July 2023, the South Korean Government issued Presidential Decree No. 33617, reducing the tariff rate for the period 6 July 2023 until 31 December 2023 for the following product: For naphtha (un...

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