Announcement
26 Dec 2023
In December 2023, the South Korean Government published its annual list of adjusted tariffs and tariff rate quotas for the year 2024. Compared to the previous year, the tariff rates and tariff rate quotas for several products changed.
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Number of interventions
6
3 certainly harmful
0 likely harmful
3 liberalising
List of interventions
0 in force
Implementation date
01 Jul 2024
Revocation date:
No revocation date
Import tariff quota
On 26 December 2023, the Korean Government issued Presidential Decree No. 34021, introducing a change in the in-quota tariff for several goods for the period 1 July to 31 December 2024. More specific...
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Implementation date
01 Jan 2024
Revocation date:
No revocation date
Import tariff quota
On 26 December 2023, the Korean Government issued Presidential Decree No. 34021, introducing new and increasing previous import tariff-rate quotas for several products for 2024. In particular, the Dec...
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Import tariff
On 26 December 2023, the Korean Government issued Presidential Decree No. 34021, increasing the discounts applicable to imports of several products for 2024. In particular, the Decree establishes new ...
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Import tariff quota
On 26 December 2023, the Korean Government issued Presidential Decree No. 34021, introducing a change in the in-quota tariff for cane or beet sugar (under HS subheadings 1701.91 and 1701.99) from 5% t...
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Implementation date
01 Jan 2024
Revocation date:
No revocation date
Import tariff quota
On 26 December 2023, the Korean Government issued Presidential Decree No. 34021, reducing import tariff-rate quotas for several products for 2024. In particular, the Decree reduces the quota volumes a...
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Import tariff
On 26 December 2023, the Korean Government issued Presidential Decree No. 34021, reducing the discounts applicable to imports of several products for 2024. In particular, the Decree increases the tari...
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Related State Acts
30 Dec 2022
Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2023
01 Jun 2023
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (June 2023)
16 Nov 2023
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (November 2023)
18 Jan 2024
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (January 2024)
28 Jun 2024
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (June 2024)
31 Dec 2024
Republic of Korea: Goods subject to import tariff-rate quotas and adjusted tariffs in 2025
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