ANNOUNCEMENT 14 Mar 2013In March 2013, the government of Republic of Korea announced an altered import quota.
NUMBER OF INTERVENTIONS
Ordinance of the Ministry of Strategy and Finance No. 314, http://www.law.go.kr/lsInfoP.do?lsiSeq=133082&ancYd=20130314&ancNo=00341&efYd=20130314&nwJoYnInfo=N&efGubun=Y&chrClsCd=010202#0000
On 14 March 2013, the Republic of Korea increased the market access quota (MAQ) for onions (HS 0703.10; 0712.20) by a total of 50'000 tons. This measure is valid from 14 March to the end of 2013.
The MAQ for onions increased from 20'645 to 70'645 tons. The tariff for onions is 50 percent within the MAQ and 135 percent beyond the MAQ.