What does friendshoring mean?
Friendshoring means (business, economics, finance, politics, diplomacy) The process of moving production to diplomatically friendly or allied foreign locations which have lower production costs..
Checking saved dictionary data and trusted language sources. This will stop automatically if a source does not respond.
Pronunciation varies by accent · noun
(business, economics, finance, politics, diplomacy) The process of moving production to diplomatically friendly or allied foreign locations which have lower production costs..
Christine Lagarde, president of the European Central Bank (ECB), noted that the governments of Western countries are increasingly adopting industrial policies that promote “friendshoring” of strategic industries.
Use friendshoring when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Friendshoring means (business, economics, finance, politics, diplomacy) The process of moving production to diplomatically friendly or allied foreign locations which have lower production costs..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
Christine Lagarde, president of the European Central Bank (ECB), noted that the governments of Western countries are increasingly adopting industrial policies that promote “friendshoring” of strategic industries.
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.