import duties Archives | Be Korea-savvy

S. Korea Extends Temporary Removal of Import Duties on Eggs to Year-end

SEOUL, June 22 (Korea Bizwire) — South Korea said Tuesday it will extend a temporary removal of tariffs on imported eggs by six months until the end of the year in a bid to stabilize their high prices. The Cabinet approved a revised regulation that will allow local firms to import 36,000 tons of fresh [...]

S. Korea to Remove Import Duties on Egg Products amid Supply Shortage

SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s agricultural ministry said Wednesday it plans to temporarily remove tariffs on imported egg products to resolve a supply shortage sparked by the outbreak of highly pathogenic bird flu here. The move, which is set to be finalized next week, would allow local companies to import up to [...]