PM Kim Min-seok: "Learning from mask and urea crisis, preemptively responding to essential goods shortage amid Middle East conflict"
Emphasizes stabilizing essential goods supply as top priority in economic crisis response to Middle East war
- •PM Kim Min-seok designates stabilizing essential goods supply as top priority at Middle East war economic crisis response meeting
- •Announces policy to establish preemptive response system learning from mask and urea crisis lessons
- •Pursues supply chain diversification and reserve expansion in preparation for Middle East logistics disruptions
Essential Goods Supply Stability as Top Priority
Prime Minister Kim Min-seok stated on the 29th that "memories of the mask and urea crises are vivid" and pledged preemptive measures against disruptions in essential goods supply amid the economic crisis caused by the Middle East war. At an economic security meeting held at the Government Complex-Seoul, PM Kim emphasized that "one of the top priorities is ensuring stable supply of essential goods for citizens."
Preemptive Response Learning from Past Crises
PM Kim referenced the chaos during the COVID-19 mask shortage and the 2021 urea crisis, presenting a policy to establish a preemptive response system against logistics disruptions and raw material price increases due to Middle East instability. The government is reportedly pushing to diversify supply chains and expand reserves of energy resources and raw materials for essential goods imported from the Middle East region.
The government is inspecting inventory status of major essential goods and securing alternative suppliers in preparation for a prolonged Middle East conflict, operating a joint monitoring system across relevant ministries.
[Breaking] Will update as additional information becomes available.
댓글 (3)
경제 상황이 좋지 않은데, 정부의 대응이 아쉽습니다.
Kim 상황이 심각하네요. 서민들 피해가 걱정됩니다.
맞습니다. 대비가 필요한 시점이에요.
More in Global
Ecuadorian Military Bombs Illegal Mining Sites with Tanks and Attack Helicopters at Border
Chungbuk Education Office Official Faces Arrest Warrant for Illegal Filming in Restaurant Restroom
Car Strikes Multiple Pedestrians in Derby City Centre, One Arrested
Election Banner Crisis Looms as Middle East Naphtha Shortage Hits Minor Parties
4 out of 10 Industrial Deaths Due to Falls...Over 200 Workers Die Annually from Workplace Falls
18 Arrested at Palestine Support Protest Outside London Police Headquarters
Latest News
KDB and KEXIM Hold Emergency Meeting on Energy Crisis…Financial Support for KNOC Under Review
KDB and KEXIM held emergency meeting to respond to energy crisis amid Middle East tensions
Scotland Suffer Shock Defeat to Japan Ahead of World Cup Return
Scotland rugby team suffers defeat to Japan with poor performance ahead of World Cup
Iran Crisis Fuels Market Volatility Amid Oil Price Concerns
Global and domestic markets face volatility from Iran-triggered oil crisis
Iran-backed Houthis Join War with Attack Against Israel
Iran-backed Houthi rebels directly enter Middle East conflict with attacks on Israel
Coach Lee Beom-ho, unwavering trust in Jeong Hae-young, the spark of upset defeat, "I will continue to leave the finishing touches to you."
Coach Lee Beom-ho expresses trust in Jeong Hae-young, who played the key role in the upset loss in the opening game, saying, “I will continue to leave it up to you to finish the game”