Trade in Critical Minerals

ADB WTO

Member

Korea, Republic of,

Type of Measure

Imports / Tariff

Status

Ended on 2024

Year of Implementation

2024

Year of Termination

2024

01/01/2024: Temporary reduction or elimination of import tariffs on several products under an import quota; 01/07/2024: Starting from 1July 2024, Presidential Decree 34616 allows tariff-free imports of the products that had tariff-free quotas until 30 June 2024 (except for products 071410 and 270900 on which quotas are reintroduced). The decree is in force until 31 December 2024; 31/12/2024: Measure expires on 31 March 2024 for some products, on 30 June 2024 for some others and on 31 December 2024 for the remaining ones. The measure fully expires on 31 December 2024

01/01/2024: Temporary reduction or elimination of import tariffs on several products under an import quota; 01/07/2024: Starting from 1July 2024, Presidential Decree 34616 allows tariff-free imports of the products that had tariff-free quotas until 30 June 2024 (except for products 071410 and 270900 on which quotas are reintroduced). The decree is in force until 31 December 2024; 31/12/2024: Measure expires on 31 March 2024 for some products, on 30 June 2024 for some others and on 31 December 2024 for the remaining ones. The measure fully expires on 31 December 2024




Source


Trade Monitoring Database
Permanent Delegation of the Republic of Korea to the WTO (11 June 2024) and Presidential Decrees Nos. 34021, 26 December 2023 and 34616, 28 June 2024


Products


Carbonates; lithium carbonate (283691), Nickel; unwrought, not alloyed (750210), Titanium; unwrought, powders (810820), Fluorspar; containing by weight more than 97% of calcium fluoride (252922), Aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square) (760612), Copper oxides and hydroxides (282550), Sulphates; of copper (283325), Chloride oxides and chloride hydroxides; of copper (282741), Lead; unwrought, refined (780110), Waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds (711299),