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Faced with the challenge of the Chinese government to halt urine exports, South Korea has successfully secured a stable supply of automotive urine to meet the national 4.3-month demand by signing large-scale procurement contracts with third countries and using existing inventories.In addition, the South Korean government is considering support measures such as subsidies for additional import costs incurred by enterprises to further strengthen domestic supply chain stability.

According to the Panama Star website, since 2000, China’s bilateral trade with the region has surged from just over $14 billion to $50 billion in 2022, an astonishing 35-fold growth that has made China the region’s second largest trading partner over the years.

Recently released data from the Ministry of Agriculture and Aquaculture of Japan showed that in October 2023, the countrys exports of water products (including processed products) fell by 28% to 25.4 billion yen. This decline was mainly due to the import ban on exports to mainland China and Hong Kong.

According to a new study from the European Transport and Environment Federation (T&E) in Brussels, the report, based on an analysis of public contracts, shows that European manufacturers only get one-sixth of the key raw materials needed to meet their 2030 sales targets for electric vehicle batteries, far behind U.S. Tesla and China’s Biady.

Kazakhstan’s government has recently taken a series of key measures to restrict its exports of natural resources and energy products, which involve exports of black metal and non-ferrous metal waste, coal and liquefied petroleum gas, propane and tinate, demonstrating the country’s strategic actions in the global resource market.

The Panama Canal and the Suez Canal face challenges, including droughts, security threats and congestion, with significant impacts on global trade and logistics.