When South Korea is facing challenges, it asks China for help, and China is ready to help this time

Mondo International Updated on 2024-01-30

The latest news shows that in response to South Korea's problem about the risk of urea, China and South Korea have held a meeting on the production and supply chain and the coordination mechanism for industrial park cooperation, focusing on the issue of chain cooperation, and decided to activate the industrial chain and strengthen cooperation between the two countries in this regard. The two countries unanimously decided to work together to solve problems of common concern, such as urea**. South Korea is very concerned about the urea** issue, because the General Administration of Customs of China suspended the export of urea solution from Chinese companies to South Korea at the end of November, which has a direct impact on South Korea's logistics and other fields. While holding an internal meeting to discuss a solution, South Korea** also reached out to China to express concerns. China's suspension of urea exports is not for political purposes, but for domestic reasons. Therefore, China is ready to provide assistance to South Korea to help it solve the problem of urea**. This move once again demonstrated the friendly and cooperative relations between China and the ROK and the goodwill of the Chinese side.

South Korea is highly dependent on China for urea imports, and actively seeking China's help is the best option for South Korea. South Korea** has considered plans to produce urea in-house and expand import channels, but has failed to make substantial progress. The lack of competitiveness in the production of self-produced urea and the reluctance of South Korean** companies and companies to invest too much resources have put the plan on hold. However, broadening import channels requires Korean companies to seek the nearest and farthest distances, increasing costs such as freight, which is not cost-effective and practical. As a result, South Korea cannot bypass China in solving the urea** problem, and China is the best and one of the few options.

By strengthening cooperation with China, South Korea is expected to solve the urea** problem, reduce its dependence on China, and improve its competitiveness. This cooperation will not only help mitigate the risk of urea** shortages, but will also promote cooperation between China and South Korea in other areas. South Korea should establish an objective and rational perception of China and re-examine the importance of cooperative relations with China.

China's suspension of urea exports is not for political purposes, but for domestic reasons. Since June this year, urea has been rapid, exports have surged, and domestic inventories have continued to decrease. China has repeatedly stated through notices and public statements that it will give priority to the protection of domestic urea**, a move that is based on the need for economic and chain stability, rather than political purposes.

Some people in South Korea have some sentiment and speculation about China's suspension of urea exports, believing that this is China's unofficial restriction of urea exports. However, the facts show that this is the result of the natural adjustment of the ** chain, and South Korea should correctly recognize and understand the current situation. The meeting held by China and the ROK shows that the Chinese side is willing to respond positively to the ROK's request, continue to strengthen bilateral cooperation, and provide necessary assistance. This has injected more confidence and impetus into the friendly and cooperative relations between the two countries.

South Korea, which is at risk of a shortage of urea** in the near future, has asked China for help. South Korea is highly dependent on China's urea imports, and solutions such as independent production and import diversification are not realistic. China's suspension of urea exports is the result of domestic and chain stability considerations, not political objectives. China has responded positively to South Korea's request and is ready to provide assistance to it. This cooperation will help solve the urea** problem in South Korea, strengthen the cooperative relationship between China and South Korea, and promote the development of bilateral cooperation in a wider range of areas. The ROK should treat its cooperative relations with China in an objective and rational manner, establish a correct understanding, and further consolidate and expand the foundation of Sino-ROK friendship and cooperation.

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