In the midst of a supply-demand crisis from China, it is known that the North Korean authorities are taking measures to secure urea, such as issuing instructions to trade agencies to secure fertilizer. It is said that the Chinese side also requested cooperation in relation to the export of urea through diplomatic channels.
According to a source in Pyongyang on the 15th, on the 10th, the Ministry of Foreign Economic Affairs issued an order to each trade organization to ‘submit a trade plan for organizations that can import raw materials related to urea or nitrogen fertilizers and fertilizers’.
Based on this plan, the Central Party and the Ministry of Foreign Economic Affairs plan to evaluate whether to permit trade activities by evaluating the planned import volume, existing performance, and the reliability of the Chinese counterpart (trader). Through this, institutions and individual traders who have received permission from the Party and the Ministry of Foreign Economic Affairs will be able to participate in trade activities by the end of this year.
In particular, it is reported that the authorities have set up a policy to complete the selection of institutions and individuals who will participate in urea-related import activities within this week and allow them to work immediately. As the supply and demand of fertilizers took a hit due to the urea crisis from China, they hastily expanded trade between institutions and individuals that can import fertilizers.
While North Korea has issued waks (trade permits) to trade institutions and individuals, it has permitted limited trade activities only to institutions that import goods needed by the state.
On the 15th of last month, China implemented a mandatory export cargo labeling (CIQ) system for urea, effectively prohibiting the export of urea. As a result, the North Korean authorities, which depend on China for a significant amount of fertilizers and raw materials such as urea, nitrogen, and ammonia, are also on alert.
In this regard, North Korea’s representative fertilizer production plants, such as the Namheung Youth Chemical Cooperative Company, have recently experienced a sharp decline in production due to a decrease in imports of fertilizer raw materials such as ammonia. reported to have been placed in (Go to Related Articles: China’s Conflict of Elements Affects North Korea… “Fertilizer production plant also shut down”)
Moreover, as imports of urea fertilizer itself are limited, there is a forecast that the food shortage will worsen next year as it will affect the crop next year.
Meanwhile, it is known that the North Korean authorities are also mobilizing diplomatic channels to solve the problem of supply and demand for urea and fertilizer.
According to a high-ranking source inside North Korea, the North Korean Ministry of Foreign Affairs recently made a request to the Chinese government through the North Korean embassy in China, asking the Chinese government to cooperate so as not to interfere with the urea import activities of our trading institutions and enterprises.
In addition, it is said that the order was given to North Korean embassies in each region in China to provide convenience so that Chinese fertilizer exporters can actively secure urea and other fertilizers exported to North Korea.
However, there are also observations that it will be difficult to secure fertilizer as planned, as the amount of fertilizer the North Korean authorities suggested for this year is 1.5 times higher than last year.
A high-ranking source said, “No matter how hard we try from now on, it seems that it will be difficult to secure fertilizer for next year’s farming as planned.”
Source: DailyNK by www.dailynk.com.
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