S. Korea to Cut Tariff Rates on 77 Products in 2020

SEJONG, Dec. 24 (Korea Bizwire) — South Korea’s Cabinet on Tuesday approved a plan to lower tariff rates on 77 products next year to bolster the country’s industrial competitiveness and stabilize prices of domestic goods. The products covered by a tariff quota include crude oil, liquefied natural gas and cobalt sulfate, a key ingredient in [...]