[Legal Updates in Korea] Expanded tariff exemptions for rare disease medicines

“● Updated Law: Customs Act What it does: Expands duty exemptions for medicines used to treat rare and intractable diseases Took effect: April 1 South Korea has expanded tariff exemptions to cover medicines used to treat rare and intractable diseases, easing the financial burden on patients. Previously, while some medicines qualified for duty exemptions, this did not apply to “self-treatment medicines” that are not distributed domestically. As a result, patients importing such medicines through t

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