Republic of Korea: Temporary reduction of import tariff on wheat products

Measure #2160 | Published 14 Mar 2011 ▲

Description

On 1 January 2011, the government of the Republic of Korea temporarily lowered import tariffs on selected wheat products. According to consistent press reports, the import tariff on milling wheat has been reduced to zero, that on flour has been reduced from 4.2 to 2.5 percent.
 
The lower tariffs shall be effective until 30 June 2011.

Any Evidence-Based Deliberation:

Question Result
Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations?
Is there any evidence that alternatives to the proposed measure were considered?
Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government?
Was such evidence identified?
Is such evidence publicly available?
Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives?
Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken?
Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory?
Did the government state its intention to review the measure within one year of implementation?

Implementing Jurisdiction:

Affected Trading Partners:

Measure type:

Affected Sectors:

Affected Tariff Lines:

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Date Discovered:

Implemented: No

Date of inception: 1 Jan 2011

Duration: 6 months

GTA Evaluation: Green

Source:

Bloomberg. (2010). South Korea to Suspend Milling-Wheat Import Tariff, Finance Ministry Says. Available at http://www.bloomberg.com/news/2010-12-21/south-korea-to-suspend-milling-...

Government Response:

Glossary of trade terms