IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 11 Aug 2011 | Removal date: 10 Dec 2011
Still in force

Import tariff quota

Effective from 11 August 2011, the Republic of Korea updated tariff rate quotas (TRQ) for 8 products through Presidential Decree No.23070. According to the Ministry of Strategy and Finance (MOSF), TRQ measure is to stabilize price/supply of specific products in domestic market.
 
The ministry said that 'Reflecting the current market supply and price, 4 new products were added to the list through this measure. Besides, the size of the TRQ for pork meat (limited to processing purposes) increased from 20'000 tons to the whole quantity of imports, while additional tariff cuts were introduced for 3 products."
 
This measure is valid from 11 August to the end of 2011, while some products were only valid until 30 September 2011. For the exact HS codes, tariffs, quotas, and durations, we refer to Appendix 1, 2 and 3 () of this document.
 
This measure was amended by the Presidential Decree No. 23149 (see related measure)

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1003 Barley.
100390 Other
012 Vegetables
0704 Cabbages, cauliflowers, kohlrabi, kale and similar edible brassicas, fresh or chilled.
070410 Cauliflowers and headed broccoli
070490 Other
0706 Carrots, turnips, salad beetroot, salsify, celeriac, radishes and similar edible roots, fresh or chilled.
070610 Carrots and turnips
070690 Other
015 Edible roots & tubers with high starch or inulin content
0714 Manioc, arrowroot, salep, Jerusalem artichokes, sweet potatoes and similar roots and tubers with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets; sago pith.
071410 Manioc (cassava)
071440 Taro (Colocasia spp.)
211 Meat & meat products
0203 Meat of swine, fresh, chilled or frozen.
020319 Other
020329 Other
214 Prepared & preserved fruits & nuts
0803 Bananas, including plantains, fresh or dried.
080390 Other
0804 Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried.
080430 Pineapples
080440 Avocados
080450 Guavas, mangoes and mangosteens
243 Malt liquors & malt
1107 Malt, whether or not roasted.
110710 Not roasted

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