UK companies with overseas interests should consider pulling out of countries which were likely to be hard-hit by Y2K problems, according to new guidelines for business released today by Taskforce 2000.
The independent watchdog advises companies to use the Internet, Foreign Office, banks, airlines and local sources to gather a picture of the state of affairs in countries where their major suppliers and customers are located.
The report advocates "total immediate engagement" if the situation is sufficiently grave; or the rescheduling of activities to avoid the critical period.
Companies are also advised to stock up on key goods and materials.
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