South Korea to Put Quota Tariffs on Onions & Scallions

[2012-07-19 15:52:28]


According to Yonhap news of July 17, South Korean government will give quota tariffs to onions and scallions from the end of July, whose basic tariff rates are currently 50% and 20% respectively, because of their price surge since spring drought.

The Korean government will set 10% and 0% quota rates for import onions and scallions, lasting till the yearend and August 31, respectively.
Source: ETCN
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