Global Trade Alert
Global Trade Alert

Republic of Korea: Changes to temporary import tariff-rate quotas (August 2023)

Announcement

24 Aug 2023

In August 2023, the Korean Government adopted a Presidential Decree establishing new as well as increasing existing import tariff-rate quotas for certain products.

 

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Sep 2023

Revocation date:

16 Nov 2023

Updated: 24 Aug 2023
Import tariff quota

On 24 August, the Korean Government issued Presidential Decree No. 33681, amending an existing tariff-rate quota for the period 1 September 2023 until 31 December 2023 as follows:

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Implementation date

25 Aug 2023

Revocation date:

31 Dec 2023

Updated: 24 Aug 2023
Import tariff quota

On 24 August, the Korean Government issued Presidential Decree No. 33681, establishing new import tariff-rate quotas for 2 products. The new quotas apply from 25 August 202...

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