ANNOUNCEMENT 29 Dec 2008

In December 2008, the government of Republic of Korea initiated a new safeguard investigation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 01 Jan 2009 | Removal date: 01 Jan 2010
Still in force

Safeguard

On 29 December 2008, Ministry of Strategy and Finance has announced that it will implement a Special Safeguards measure on 29 agricultural products for the year 2009. The ministry said that 'the measure is to protect the local producers of those products from either rapid increase of imports, or drop of import price.'
 
For the exact HS codes, trigger levels, tariffs, we refer to Appendix() 1-2 of this document