Minister for Industry and Trade, Premila Kumar confirms that fuel supply as it stands remains sufficient as companies have 2 to 3 months’ worth of product supply, with more likely to come in soon.
She says it is unlikely that supplies of essential services will be disrupted.
Kumar recently met with shipping, and supporting fuel and logistics companies, with the Fijian Competition and Commerce Commission and discussions focused around ascertaining the extent of impact to the Fijian economy and possible response measures.
She says Fiji’s shipping industry has given assurance of minimal to no disruption to supply chain.
Kumar says views of the transport and logistics sector was discussed at length in order to map out corrective measures for consideration in response to the Supplementary Budget expected in the coming days.
According to a government statement, shipping companies have provided assurance that business is still operating at normal with no hindrance to warrant any panic.
The Minister for Industry and Trade says Chinese ports are back to an estimated 90 percent capacity as of last week, giving China’s export markets some relief and Chinese gateways are again moving cargo after a two-month near-standstill.
Kumar says her Ministry will continue its efforts in ensuring key stakeholders are consulted and supported in their collective efforts, ensuring supply and trading chains remain unaffected.
