Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (January 2024)

Announcement

18 Jan 2024

In January 2024, the Korean Government adopted a Presidential Decree establishing new import tariff-rate quotas and introducing temporary import tariff concessions for several products.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

0 in force

Implementation date

19 Jan 2024

Revocation date:

No revocation date

Import tariff quota

On 18 January 2024, the Korean Government issued Presidential Decree No. 34154, establishing new import tariff-rate quotas for several goods. The new quotas enter into force on 19 January 2024. In par...

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Import tariff

On 18 January 2024, the Korean Government issued Presidential Decree No. 34154, introducing temporary tariff concessions for several goods. The changes enter into force on 19 January 2024 and are in p...

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