Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of temporary tariff concessions (March 2024)

Announcement

29 Mar 2024

In March 2024, the South Korean Government adopted a Presidential Decree introducing temporary import tariff concessions for several products and increasing an existing import tariff-rate quota.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Apr 2024

Revocation date:

30 Apr 2024

Announced: 29 Mar 2024
Import tariff quota
On 29 March 2024, the South Korean Government issued Presidential Decree No. 34366, increasing the existing import tariff-rate quota for leeks (0703.90). Under the Decree, an additional quota volume o...
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Implementation date

01 Apr 2024

Revocation date:

31 Dec 2024

End prolongation: 31 Dec 2024
Import tariff
On 29 March 2024, the South Korean Government issued Presidential Decree No. 34366, introducing temporary tariff concessions for several goods. The changes enter into force on 1 April 2024 and are in ...
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Threads

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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

14530

interventions

186

jurisdictions