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: 22 Sep 2011 | Removal date: 22 Dec 2011
Still in force

Import tariff quota

Effective from 22 Septermber 2011, the Republic of Korea introduced a tariff rate quota (TRQ) for dried chili and expanded the size of the TRQs for certain chickens and root crops through Presidential Decree No.23149. 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, dried chili (HS 0904, 0904.20) was included into the TRQ list. Moreover, additional tariff cuts were introduced for chickens for breeding (HS 0105.11) and root crops for forage (HS 1214.90, 2308.00), while the size of the TRQ for root crops was expanded from 750.000 to 800,000 tons."
 
This measure is valid from 22 September to the end of 2011. For the exact HS codes, tariffs, quotas, and durations, we refer to Appendix 2 () of this document.
 
This measure was amended by the Presidential Decree No. 23391 (see related measure)

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

016 Stimulant, spice & aromatic crops
0904 Pepper of the genus Piper; dried or crushed or ground fruits of the genus Capsicum or of the genus Pimenta.
090411 Neither crushed nor ground
090421 Dried, neither crushed nor ground
019 Forage; natural rubber; living plants; raw vegetable materials
1214 Swedes, mangolds, fodder roots, hay, lucerne (alfalfa), clover, sainfoin, forage kale, lupines, vetches and similar forage products, whether or not in the form of pellets.
121490 Other
021 Live animals
0105 Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls.
010511 Fowls of the species Gallus domesticus
010513 Ducks
233 Preparations used in animal feeding; lucerne meal & pellets
1214 Swedes, mangolds, fodder roots, hay, lucerne (alfalfa), clover, sainfoin, forage kale, lupines, vetches and similar forage products, whether or not in the form of pellets.
121410 Lucerne (alfalfa) meal and pellets
239 Food products n.e.c.
0904 Pepper of the genus Piper; dried or crushed or ground fruits of the genus Capsicum or of the genus Pimenta.
090422 Crushed or ground
391 Wastes from food & tobacco industry
2308 Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included.
230800 Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included.

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