Trade and markets
 

Detail

Area
Republic of Korea
Commodity Group
Grains
Commodity
Feed ingredients
Date
23/12/2015
Policy Category
Trade
Policy Instrument
Import tariff
Description
Announced an updated list of adjustments to tariffs and voluntary tariff rate quotas for 2016 in order to facilitate imports of US agricultural products, particularly feed grains and food ingredients. The tariff rate quota for feed maize was set at 10 million tonnes with zero percent duty. Excluded from the list, milling wheat will carry a 1.8 percent duty.