Wednesday, March 31, 2021
Home Business The blockade in Suez indicates the new path of trade: from 'offshoring'...
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The blockade in Suez indicates the new path of trade: from ‘offshoring’ to ‘nearshoring’


The Ever Given ship stranded in the Suez Canal.MOHAMED ABD EL GHANYREUTERS
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A 399.94 meter long, 220,000 gross tonnes ship has become the greatest promoter of Donald Trump’s geostrategic legacy. And all because the now famous Ever Given ship has got stuck in the Suez Canal. It is an absurd odyssey that has exposed the problems of offshoring of production systems. Or, put another way, globalization.

One of the defining features of globalization was the offshoring, that is, the transfer

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