RIYADH: The Australia-Saudi Business Chamber has formed an emergency working committee to explore measures aimed at maintaining trade continuity amid disruptions to key transport routes across the Middle East.
The initiative will aim to bolster supply chain resilience and explore ways to improve direct freight links between the two countries, according to a statement.
The announcement came after the president of Australia-Saudi Business Chamber Sam Jamsheedi held talks with Australian Federal Minister of Trade and Tourism Don Farrell in Canberra regarding initiatives aimed at strengthening bilateral trade and investment.
The US-Israel attacks on Iran have disrupted global trade flows, particularly through the Strait of Hormuz, a critical point for energy and goods shipments.
Shipping constraints have also affected the movement of commodities and containerized cargo, raising freight costs and forcing rerouting across key trade corridors.
