ANNOUNCEMENT 02 Apr 2010

In April 2010, the government of Republic of Korea announced an altered import quota.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Press Release, '2010 ', Ministry of Strategy and Finance, http://www.mosf.go.kr/news/news02.jsp?boardType=general&hdnBulletRunno=62&sub_category=128&hdnFlag=1&hdnDiv=183&&actionType=view&runno=4006354


Inception date: 05 Apr 2010 | Removal date: 03 Jan 2011

Import quota

On 2 April 2010, the Ministry of Strategy and Finance announced that it will increase the market access quotas (MAQs) for 12 agricultural products including swine, chicken, green bean, red bean, and corn by a total of 4.4 million tons. The measure will be effective from 5 April to the end of 2010.
 
According to the ministry, the purpose of these revisions is to ensure that there is sufficient within-quota access for these specific products in order to minimize local food and feed prices.
 
For the exact items, changes in quota, tariffs, we refer to Appendix() of this document.

AFFECTED SECTORS

 
011 014 017 021 213 232 233 235

AFFECTED PRODUCTS

 
010511 010513 071220 071239 071290 071310 071331 071332 071333 071339 100510 100590 110812 110813 110814 110819 120110 120190 120721 120729 120740 120750 120799 170211 170220 170230 170250 170290 230910 230990 350510
(+ 21 more)