Urea imports from South Korea are restricted

Mondo International Updated on 2024-01-28

South Korea's urea imports are restricted, and it is difficult to change the status quo by taking emergency measures, causing ** turmoil.

South Korea** has publicly stated that it will work to expand the import of urea from overseas, and said that it has 43 months of urea stocks, but these stocks are not enough to meet the normal operation of Korean companies in the future. South Korea has said that it will try to expand imports from overseas, but if it does not take action, it will fall into a urea shortage in the future. As far as South Korea is concerned, the current economic situation is not optimistic, and once it loses the supply of external resources, then the Korean economy will be hit again. Of course, South Korea's wealthy class will not be affected, but the working life of the middle class and the people at the bottom will be greatly affected, after all, wealth will always be in the hands of South Korea's chaebols. Urea is an important fertilizer in agricultural production, and the lack of urea leads to a decline in agricultural output, which will further affect food**and**. In addition, urea deficiency may also lead to a slowdown or stagnation in industrial production, affecting the overall economic growth of South Korea.

South Korea needs to think seriously about how to solve the urea** problem, otherwise its economy will face even greater challenges. It is hoped that the Republic of Korea will take concrete actions to protect the basic needs and interests of its citizens.

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