I would like to import rice as a private business
I would like to import rice as a private business.
If possible, and what customs and import laws
I’m curious, if you have any other requirements,
please tell me
import rice Ministry of Agriculture,
Food and Rural Affairs
If rice is recommended by the
(Ministry of Agriculture, Food and Rural Affairs),
Otherwise, 513% tariff will apply.
For customs clearance,
you must pass Food
Inspection and Plant Quarantine
for customs clearance.
It is difficult to import because
it is difficult for individuals
to receive recommendations
due to high tax rate items.
Korea joined the World Trade Organization (WTO)
in 1995 to tariff all agricultural products,
but deferred tariffs for rice from 1995 to 2004 and from
2005 to 2014, and instead reduced
tariffs on low tariff quotas (TRQ) ( 5%).
The amount of TRQ of imported rice increased from
5,1307 tons in 1995 to 20,5229 tons by extending
the tariff deferral in 2004 for 10 years,
and finally reached 40,8700 tons.
As the grace period for tariffs in 2014 ended,
the government decided that tariff tariffs would not
be appropriate due to the additional increase
in TRQ, and determined tariff
rate to 513% according to domestic
and foreign price differences between 1986
and 1988, 2014 The WTO was notified on September 30th.
The Ministry of Food and Agriculture announced
that as a result of the rice verification agreement,
some imports of rice will continue, along with existing
systems such as a tariff rate of 513%, a total of
40,8700 tons of TRQ, and a state-run
trade method of rice TRQ.
The government has cut rice
imports by half from 120,000
to 60,000 tons after tariffization,
and has continued to decrease since then.
With the tariff of rice, the obligation to import rice,
which was prescribed for the past 10 years,
has been removed. However, normal
imports are expected to continue due to the persistent
problem raised by rice exporters that there is
a possibility of violating the WTO regulations.
Currently, the quota for each country is
15,195,95 tons in China, 13,304 tons in the United States,
5,5112 tons in Vietnam, 2,8494 tons in Thailand,
and Australia 1 out of 40,8700 tons of
It distributed to 5595 tons and
20,000 tons in the global quarter.
The national quota will take effect on January
1, 2020, and the five countries must notify
the WTO of the withdrawal within 14 days at the latest.
Deputy Minister of Agriculture,
Food and Rural Affairs Lee Jae-wook said,
“When considering rice imports for rice and rice,
we consider the WTO norms and domestic demands
in consideration of the persistent problems of
the interested countries and
the WTO norms (Korean treatment). Said.
On the other hand, the rice tariff rate is
to implement the results of the Uruguay
Round negotiations in 1995 regardless of
the abandonment of status in developing countries,
so the tariff rate of 513% will remain
the same until the results of the next negotiation.
The Ministry of Agriculture and
Food added that it is currently
uncertain when the next negotiations will commence,
and even if the next negotiations begin,
will make every effort to protect
sensitive items such as rice.
“The tariff rate of 513% is a level
that can reliably
protect the domestic rice market,
and the possibility of
importing rice for additional
commercial uses other
than TRQ is very low,” said Lee Jae-wook.
I will continue my efforts.”
[Source] Imported rice tariff rate confirmed
513%… Rice seems to continue importing rice |