ANNOUNCEMENT 30 Jan 2013

In January 2013, the government of Republic of Korea announced an altered import quota.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ordinance of the Ministry of Strategy and Finance No. 317, http://www.law.go.kr/lsInfoP.do?lsiSeq=132086&ancYd=20130130&ancNo=00317&efYd=20130130&nwJoYnInfo=N&efGubun=Y&chrClsCd=010202#AJAX


Inception date: 30 Jan 2013 | Removal date: 30 Dec 2013

Import quota

On 30 January 2013, the Ministry of Strategy and Finance announced that it will increase the market access quotas (MAQs) for 13 agricultural products including potato, sesame, peanut and corn by a total of 5.4 million tons. The measure will be effective from 30 January to the end of 2013.
 
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

 
011 014 015 017 213 214 219 232 233

AFFECTED PRODUCTS

 
070190 071220 071232 071239 071290 071310 071331 071332 071333 071335 071339 100510 100590 110510 110520 110812 110813 110814 110819 120190 120242 120729 120740 120750 120799 200811 200819 200820 200830 200860 200870 200880 200893 200897 200899 230610 230649 230650 230660 230690 230910 230990 350510
(+ 33 more)