tariff Archives | Page 2 of 2

European Compact Cars to Get Cheaper in Korea from July

SEOUL, June 23 (Korea Bizwire) – Due on July 1, the fifth anniversary of Korea-EU FTA, the tariff rates on certain Europe made vehicles will be reduced, making the already strong player in Korea even more competitive. According to the Ministry of Trade, Industry and Energy on June 22, the custom tariff on European vehicles with [...]

Korea and Canada Near FTA in Full Force After Korean Government Approves Bill

SEOUL, Sep. 11 (Korea Bizwire) – A proposed free trade agreement between the Republic of Korea and Canada has received a green light from South Korea’s Cabinet council on September 11, making the parties draw one step closer to the full-fledged trade exchange with less or no tariffs between the two countries. Korea’s Cabinet on [...]