World Ch. Schedule : THU 20:30 KST
* Date : 2021-11-18
Korea is struggling with a nationwide shortage of urea solution, an additive used as diesel exhaust fluid to reduce pollution from diesel vehicles. The shortage is driven by a de-facto export ban from China, the country Korea relies on for more than 90 percent of its domestic supply. Korea is scarce in natural resources and is highly dependent on a single import source for many other key materials, such as magnesium, tungsten oxide and rare earths. As countries wage silent wars over natural resources, securing energy and resource supplies has become a major security concern for many governments. U.S. President Joe Biden signed an executive order in January aimed at ensuring resilient supply chains for semiconductors, batteries, critical minerals and pharmaceuticals. In this week’s edition of Foreign Correspondents, we sit down with our panel of journalists to discuss the ongoing urea shortage in Korea and efforts to bolster energy and resource security in different parts of the world.
- Tetsuo Sakabe / NNA
- Matthew Weigand / Freelance Journalist
- Kim Sung-min / Arirang TV
Skype Interview Guests
- Filip Medunic / Lead Coordinator, Task Force for Strengthening Europe Against Economic Coercion, European Council on Foreign Relations