As the situation in Iran and the wider Gulf region continues to develop, uncertainty for businesses trading in the Middle East is rife. In particular, exporters to the region are facing growing geopolitical risks and logistical challenges as a result of air and sea freight disruption.
The Department for Business and Trade (DBT) is urging businesses to ensure employees based in the region or travelling for work register their presence via gov.uk to receive up-to-date travel and safety advice. They are also reminded that the UK government we will provide them with consular assistance, available 24/7.
In a fast-evolving situation, the government is closely monitoring the potential impact of disruption to trade and supply chains on the UK economy.
Business with interests in the region experiencing disruption can access guidance from DBT via its export support service where they can also raise specific business queries.
Meanwhile, ICAEW offers access to a range of resources to help members navigate business continuity issues, including:
- advice on managing supply chain disruption,
- guidance on how to conduct a supply chain review, and
- a template for a Business Emergency Resilience checklist for small and medium sized companies.
You can access more support on ICAEW’s business continuity and disaster recovery hub.