Latest Supply chain diversification News & Updates

Seoul, April 14 (IANS) South Korean foreign minister Cho Hyun said on Tuesday that the foreign ministry has dispatched envoys to Algeria and Libya and is seeking to send additional envoys to secure alternative supply routes amid the Middle East crisis.Cho made the remarks during a Cabinet meeting after President Lee Jae Myung called on the government to explore supply chain alternatives as the United States’ war against Iran has choked off the crucial Strait of Hormuz and disrupted maritime traf…