Summary
[In order to prevent the recurrence of “urea shortage”, South Korea expands the scope of the early warning system for key items]The Ministry of Foreign Affairs of South Korea said on the 16th that it has expanded and constructed an “early warning system for key items of economic security” in 37 foreign diplomatic missions. The monitoring objects are more than 4,000 items with high external dependence and closely related to people’s livelihood and economy, which are divided into four levels according to their importance. (Interface News)
Yonhap News Agency Seoul reported on January 16 that in order to prevent the recurrence of urea shortages, the South Korean government will expand an early warning system that monitors the current supply and demand of key items and shares information when abnormalities are found.
The Ministry of Foreign Affairs of South Korea said on the 16th that it has expanded and constructed an “early warning system for key items of economic security” in 37 diplomatic missions abroad. The monitoring objects are more than 4,000 items with high external dependence and closely related to people’s livelihood and economy, which are divided into four levels according to their importance.
The Ministry of Foreign Affairs of the Republic of Korea established an early warning system in 23 overseas institutions in November last year, and this time the scope has been expanded to 37 to minimize the impact of overseas supply chain problems on domestic industries and people’s livelihood.
(Article source: Interface News)
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