ANNOUNCEMENT 01 Jan 2012

In January 2012, the government of Republic of Korea announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



WTO-UNCTAD-OECD Seventh Report on G20 Trade and Investment Measures, mid-October 2011 to mid-May 2012: http://www.oecd.org/daf/inv/investment-policy/50492978.pdf


Inception date: 01 Jan 2012 | Removal date: open ended
Still in force

Import tariff

With effect from 1 January 2012, the Republic of Korea has reduced import tariffs on refined sugar (HS 1701.91, 1701.99) from 35% to 30%. In addition, for the first six months of 2012, imports of refined sugar are free of duty.

AFFECTED SECTORS

 

AFFECTED PRODUCTS