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    Home > Active Ingredient News > Feed Industry News > South Korea will cut part of China's import duties on aquatic products next year

    South Korea will cut part of China's import duties on aquatic products next year

    • Last Update: 2001-12-24
    • Source: Internet
    • Author: User
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    Introduction: South Korea will cut import tariffs on some aquatic products imported from China from next year, the Ministry of Finance and economy said on December 12 Among them, the current regulatory tariff system for imported live loach fish will be abolished, and the basic tariff rate will be reduced from 50% to 10%, the tariff for frozen minnow fish will be reduced from 25% to 10%, and the tariff for cuttlefish used as ingredients will be reduced from 25% to 10% In order to protect the interests of South Korean fishermen in mariculture, the import tariff of live yellow croaker imported from China was raised from the current 10% to the 50% regulatory tariff In addition, the imported live crucian carp, live bass, frozen Ming Tai fish, frozen squid, frozen squid, live eel and shrimp sauce are still subject to the regulatory tariff collection system or quota tariff system (the highest tariff rate is 40%).
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