Koo Yun-cheol, Deputy Prime Minister for Economic Affairs and Minister of Strategy and Finance, said on the 17th that the government would push to release public stockpiles of urea for vehicles and urea solution by the end of this month.
Deputy Prime Minister Koo presided over an Emergency Economic Headquarters meeting that day to review and discuss each ministry's response to the Middle East war.
Deputy Prime Minister Koo said, "Total urea inventories are enough for about three months, but this is a preemptive step to address inventory imbalances among corporations."
Deputy Prime Minister Koo said, "Right now, the ability to respond to the Middle East war crisis is national competitiveness." He added, "Until the end of the war is clear, we will firmly maintain the emergency economic response system and actively respond to supply chains and people's livelihood difficulties."