friendshoring

This is the crux of US Treasury secretary Janet Yellen’s proposal to move towards friendshoring, or allyshoring – manufacturing and sourcing components and raw materials within a group of countries with shared values.

Friendshoring: what is it and can it solve our supply problems? Julia Kollewe 2022

In response, “nearshoring” and “friendshoring” have become buzzwords for multinational companies, as companies direct supply chains towards politically aligned and neighbouring countries to bolster their resilience.

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy Richard Partington 2026

In response, “nearshoring” and “friendshoring” have become buzzwords for multinational companies, as companies direct supply chains towards politically aligned and neighbouring countries to bolster their resilience.

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy Richard Partington 2026