ANNOUNCEMENT 14 Oct 2011

In October 2011, the government of Republic of Korea announced an altered import quota.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



WTO. (November 2010). REPORT ON G20 TRADE MEASURES. Available at http://www.wto.org/english/news_e/news10_e/igo_04nov10_e.htm


Inception date: 14 Oct 2011 | Removal date: 13 Jan 2012
Still in force

Import quota

Republic of Korea temporary reduced import tariffs (to zero) on certain products, i.e. chicken (HS 0207) (quota 50,000 tonnes); cows (HS 0102) (quota 10,000 heads); processed dairy cream (HS 0401) (quota 1,500 tonnes); cream cheese (HS 0406) (quota 1,200 tonnes); gouda cheese (HS 0406) (quota 1,000 tonnes); pork (HS 0203) (quota 20,000 tonnes); millet alcohol (HS 2207) (quota 160,000 kg/l); rice brain oil (HS 1515); processed chocolates (HS 1806); recycled or semi-synthetic filament (HS 5403); flour (HS 1101); (from 21% to 8%) raisins (HS 0806); and (from 10% to 5%) manioc chips for alcohol production (HS 0714) (quota 100,000 tonnes). The import tariff reduction is valid until 31 December 2011.