The ongoing Israel-Palestine conflict has a significant impact on global trade, including exports. The following are some ways to safeguard exports during the conflict: Diversify export markets. Instead of relying on one or two markets, exporters should spread their risk by diversifying their export markets. This will help to reduce the impact of any disruptions in any one market. Use alternative shipping routes. If shipping routes through the Suez Canal are disrupted, exporters can use alternative routes, such as the Cape of Good Hope route. Purchase insurance. Exporters can purchase insurance to protect…
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