Securing Three Months' Supply of Vehicle AdBlue... Expanding Public Reserves and Securing Additional Alternative Supplies

Government-Industry Joint Meeting on Element Supply Chain Response

To stabilize the supply of automotive urea solution, the government and related industries have decided to expand public stockpiles and secure additional quantities from alternative importing countries.

On the 4th, the government held a "Government-Industry Joint Urea Supply Chain Response Meeting" chaired by Lee Seung-ryeol, Director General of the Industrial Policy Bureau at the Ministry of Trade, Industry and Energy, to discuss these measures.

First, the government will expand public stockpiles (Public Procurement Service), and the industry will secure additional quantities from alternative importing countries. According to the Ministry of Trade, Industry and Energy, about three months' worth of domestic inventory and quantities scheduled to be imported from countries other than China have been secured. The plan is to actively diversify sources to Southeast Asia, the Middle East, and other regions to stably secure automotive urea solution. To this end, the Ministry of Environment will cooperate with the Korea Trade-Investment Promotion Agency (KOTRA) to support rapid quality inspections of imported substitutes, and the Korea Customs Service will implement related measures such as expedited customs clearance for imported urea solution.

Additionally, the government will promptly and closely consult with the Chinese government to ensure that quantities cleared by Chinese customs quarantine are smoothly imported into the country. The government plans to make every effort to resolve customs clearance difficulties faced by Korean companies and stabilize the supply chain through various consultation channels between Korea and China, including the Korea-China Free Trade Agreement (FTA) Joint Committee.

At the same time, the domestic automotive urea solution market situation will be closely monitored to stably manage production and distribution, and if necessary, preemptive measures for market stabilization will be prepared.

Director General Lee said, "Since we have established a response system for the urea supply chain crisis with the industry so far, we will respond quickly and thoroughly with related agencies to ensure there are no disruptions in the supply of urea solution."

This content was produced with the assistance of AI translation services.