South Korea: Korea Announces Additional 2022 Tariff Rate Quotas

  |   Attaché Report (GAIN)   |   KS2022-0018

Effective July 1, 2022, the Korean government announced adjustments to tariff-rate quotas (TRQ) for the second half of 2022 on seven key agricultural products to help stabilize food prices. The covered products include soybean oil, sunflower seed oil, pork, wheat, wheat flour, processed egg products, and fodder.

Related Reports

Attaché Report (GAIN)

United Kingdom: Sustainable Aviation Fuel in the UK

As part of a broad push towards reducing carbon emissions in the aviation sector, the newly elected Labour government is seeking to bolster the United Kingdom’s (UK) Sustainable Aviation Fuel (SAF) industry, which builds on initiatives and policies...
On October 30, the Department for Business and Trade (DBT) extended over 220 voluntary tariff suspensions announced following the 2021 and 2023 application periods, through June 30, 2026. The announcement synchronizes multiple expiration periods...
The European Commission will allocate €132 million (approximately $138 million) towards promotion activities for EU agri-food products in 2025.