Urgent Need to Prepare Measures to Fill Gaps in Essential Agricultural Materials Act

Agriculture, Fisheries & Livestock News농수축산신문

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[Nongsuchuksan News = Reporter Lee Han-tae] Although the "Act on Support for Essential Agricultural Materials, etc. to Respond to Supply Chain Risks" (hereinafter the Essential Agricultural Materials Act) is set to take effect next month, actual support will not be available until 2028, making the devising of measures to fill the gap in the meantime a key challenge. In particular, given that the Essential Agricultural Materials Act operates only during supply chain crises even after its implementation, securing the budget for existing support programs such as the inorganic fertilizer support project is urgent. The Essential Agricultural Materials Act, promulgated on December 16 of last year, announced legislative notices for its subordinate regulations last month and is scheduled to take effect on the 17th of next month. However, actual financial support for farmers is expected to be available only starting December 17 of next year.

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