News
News
Our country announces to cut off the confession to Korea! Within 24 hours, South Korea changed six ministers at one go!
Dec 08,2023
Small urea, let the South Korea people all into a collective panic?
Yonhap said,On November 30, the General Administration of Customs of China suddenly stopped the customs clearance process for enterprises in China to export vehicle urea solution to South Korea.
According to the Korean side, the relevant urea solution has completed the export review, but was"blockade" to "give priority to meeting China's domestic demand".
as soon as the news came out, the South Korea immediately went into panic,a government spokesman for yin xiyue said:"We are closely monitoring the situation while monitoring our urea stocks".At the same time, the Seoul Ministry of Finance and the Ministry of Foreign Affairs held a number of meetings to discuss the response plan, and asked the Chinese side"Explain the situation".
It is worth mentioning that,After the cut-off of urea supply to South Korea in China24 hours, yin xiyue also began to carry out a "big reshuffle" of his cabinet ".
This time Yin Xiyue changed it at one go.Chief of six departments.It is reported that in the past two days, the South Korea include the Deputy Prime Minister of Economy and the Minister of Planning and Finance, the Ministry of Land, Infrastructure and Transport, and the Ministry of Agriculture, Forestry, Livestock and Food.All six departmental chiefs have been replaced.
Why are South Korea so nervous?
When it comes to urea, the first thing that comes to mind is the production of fertilizer. But in fact, in modern industrial society, urea is still an important part of diesel engine exhaust fluid. For South Korea that are highly dependent on diesel transportation systems and heavy industry, the lack of automotive urea solution means catastrophic effects.
In 2021, South Korea had a "urea shortage" that lasted for more than a month due to China's urea export control ".
According to data from the South Korea government at the time, about South Korea10 million diesel vehicles, of which about 4 million require the use of automotive urea solution,About half of them are trucks. The shortage of automotive urea solution has had a significant impact on the logistics industry.
Some analysts say that if the transportation of goods is interrupted, there will be serious chaos in the production of steel, cement, automobiles and other manufacturing industries.More seriously, this may also cause problems in the production and supply of electricity.
China's approach has nothing to do with political factors.
On the 4th, the South Korea government held another inter-departmental meeting. On the same day,South Korea officials said the Chinese move was due to tight domestic supply and had nothing to do with politics.
However, the anxiety of South Korea public opinion has not been dissipated, they5 is still a reminder:Industrial urea solution exceedingNinety per cent of imports are from China, and measures to diversify imports have proved ineffective.
On the 5th, a person familiar with the matter revealed to the Global Times reporter,The adjustment of urea export policy is based entirely on the guarantee of supply in the domestic market.In late November, the China Nitrogen Fertilizer Industry Association issued an initiative on the protection of domestic supply for nitrogen fertilizer enterprises, referring toRecently, China's nitrogen fertilizer market has experienced large fluctuations, and the sustained and healthy operation of the industry is facing certain risks.
People familiar with the matter believe that it is now the stage of preparing fertilizer for spring ploughing next year, and fertilizer"Stable price and supply" is becoming more and more important in the context of food security.
The person told the "Global Times" reporter that China's adjustment of urea exports is based on the perspective of domestic grain production and is an adjustment for the global market. He believes that China has1.4 billion the population, compared with external supply, ensuring domestic food security production is obviously a higher priority.
China and South Korea maintain good communication
According to South Korea media reports, South Korea vehicle urea solution inventory available3 months.The South Korea government is also importing urea from countries such as Vietnam and Japan. But consideringIn 2021, the shortage of urea caused the "butterfly effect" of South Korea's domestic logistics to be almost paralyzed, and the South Korea is closely monitoring the situation.
South Korea media also said that the South Korea Embassy in ChinaOfficial documents have been sent to the China Development and Reform Commission, the General Administration of Customs, the Ministry of Commerce and the Ministry of Foreign Affairs on the 1st, actively seeking the assistance of relevant Chinese departments to ensure that urea that has completed the quarantine of goods at the Chinese Customs but has not yet been shipped can be cleared smoothly.
The Korean side also passedDiplomatic channels such as the Fifth Joint Committee meeting of the China-South Korea Free Trade Agreement held in Beijing on December 4 raised the need to stabilize the urea supply chain. At a regular press conference held by the Ministry of Foreign Affairs on the same day,Spokesman Wang Wenbin revealed that the relevant departments of China and South Korea have maintained communication on this issue.
on the 5th, the yonhap news agency quoted a source as saying,After the South Korea government expressed concern about the supply of urea, China expressed its hope that the two countries can continue to smoothly promote supply chain cooperation.and will seek solutions to the issues raised by the ROK.
the report revealed that,China and South Korea have agreed to establish a new departmental-level consultation mechanism between industrial departments to discuss plans to stabilize the supply chain of various items such as urea solution, which will be launched as early as this month.
Previous Page:
Make global trade unimpeded
Contact Phone
Contact Us
Copyright ©Guangzhou Hongdex International Logistics Co.,Ltd
Hotline: 020-84608598
Whatsapp: 18027165010
QQ：2853396538
Email: 2853396545@qq.com
We will provide you with timely feedback
