Familiarizing with the new deposit system for disposable cups
The deposit system for disposable cups begins June 2022. The purpose of the deposit system for disposable cups is to encourage recycling and resource circulation by applying fees for the use of disposable cups and those fees will be paid back once the used disposable cups are returned. Since 2019, the Ministry of Environment has been planning a roadmap that aims to reduce 35% of the use of single use products by 2022. Although this system has already been effected in 2003 to 2008, it was abolished due to less than 30% participation rate and unclear use of unrefunded fees that caused growing concerns and inconveniences to consumers. Subsequently, the government continuously worked on improving regulations and structures to supplement resource circulation, which will begin to take effect in June 2022. The deposit system for disposable cups at a glance Beginning June 10th, 2022, there will be an additional 300 won fee, which is a resource circulation deposit,...